Kforce's 2015 Kforecast Reveals Denver is Feeling the Impact as the War for Talent Heats Up
TAMPA, Fla., May 13, 2015 (GLOBE NEWSWIRE) -- Kforce recently polled over 1,600 companies to gain knowledge into the impact of today's labor market. Hiring managers shared insights into their organizations' evolving human capital strategies, including both permanent and flexible talent. The tabulated results provide insight and uncover an intuitive perspective on how to remain competitive in the war for highly skilled talent resources.
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! Our results indicate 64% of Denver managers have lost talent in the past 6 months - 6 % higher than the average response. Why is that? 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? To learn more about what managers in Denver are doing to retain top talent, contact Wade Sparks, Market Vice President at 303-804-4616 or firstname.lastname@example.org or visit our website for the complete survey and results. View the Kforecast and be prepared for 2015.
Kforce (Nasdaq:KFRC) is a professional staffing and solutions firm providing flexible and permanent staffing solutions in the skill areas of technology and finance & accounting. Backed by more than 2,600 associates and more than 11,000 consultants on assignment, Kforce is committed to "Great People = Great Results" for our valued clients and candidates. Kforce operates with 63 offices located throughout the United States and one office in the Philippines. For more information, please visit our Web site at http://www.kforce.com.
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CONTACT: Michael Blackman
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Phone: (813) 552-2927
1001 E Palm Ave.
Tampa, FL 33605
Source: Kforce Inc.
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