More than half of managers say employee retention is a concern for their firm. Over the past 10 years, the U.S. has seen some of the highest unemployment rates in the country's history. In that type of environment, organizations focused on retention. However, in the new labor market, the supply of qualified candidates is extremely low. As this trend continues, many organizations may find the best resources are the ones they already have.
Retaining employees takes more than simply being concerned. Keeping your talent resources requires putting actions behind the concern! A vast majority of managers say improving corporate culture is one of the best strategies to retain talent. The quality of life an organization offers can be as important as compensation. Forty percent of American workers describe their work environment as "very" or "extremely" stressful, which can lead to health problems and missed work. Building a corporate culture that adds to the overall quality of life can pay off in a productive and happy staff.
What are your retention tactics? Are your culture and compensation competitive in your market? Does your company have what it takes to keep top talent? Contact a Kforce Representative at 800.800.8133 or visit our website for the complete survey and results. View the Kforecast and be prepared for 2015.
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Michael BlackmanChief Corporate Development Officer Kforce, Inc.Phone: (813) 552-2927 1001 E Palm Ave. Tampa, FL33605 firstname.lastname@example.org
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