Retain talent and avoid the brain drain
Organisations must steel themselves for the looming talent drain as their employees grow secure enough to look outside of their current job role - bear in mind all the organisations that will soon be in a position to begin poaching talent again from their competitors.
Our global engagement research found that employees are 1.5 times more likely to stay for at least five years when they perceive there to be career opportunities at their organisation. This outlook will have been cemented in the short term with the majority of employees simply grateful to have a job.
But this feeling is set to change when we emerge from recession. It is, therefore, essential for organisations to identify the key drivers for retaining their staff. Many of who will now be thinking once again about developing their careers.
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