Talent Retention Top Priority In Second Half Of 2016: Survey

Posted: Jul 26 2016, 2:39pm CDT | by , Updated: Jul 26 2016, 2:44pm CDT, in News | Latest Business News


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Talent Retention top Priority in Second Half of 2016: Survey
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The top human resource priority for organizations in the second half of the year will be the retention of talent, a survey revealed on Tuesday.

In the survey conducted by India's leading C Level executive search firm Executive Access, 37 percent organizations said that given the concerns around the quality of talent available and acquisition of talent they will now focus on retaining talent to curtail attrition levels.

"Companies are working smartly as they have realized that the way to retain talent is not by merely giving more money as the GEN Y workforce needs are changing rapidly," said Ronesh Puri, Managing Director, Executive Access.

"To stay in the competition, an organization needs to develop an innovative program custom made to a candidates long term aspirations in order to help secure a sense of loyalty," Puri added.

Apart from retaining talent, growing the top line (13 per cent) and adapting to new technology (12 percent) were the other two sectors that organizations wanted to lay emphasis on in the second half of the year.

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