Employee retention is fast becoming a key competitive differentiator. A company’s ability to hold on to its talent — especially in tight hiring markets — has profound ramifications for its ability to operate at a high level, without the disruptions that employee turnover bring.IT departments in particular have been ramping up efforts to retain valuable employees in the face of ongoing talent gap issues, as IT job growth has not been met with a similar bump in the number of technologists able to fill the roles, according to CIOs and enterprise hiring managers.[ Discover the secrets of employee retention, why good employees leave (and how to prevent it), and the best diversity and inclusion practices for changing your culture. | Keep up with the latest hiring trends and beware the 11 bad hiring habits that will burn you. | Get the latest insights by signing up for our newsletters. ]
“There is a talent shortage, which is expected to grow. Numerous studies show that recruiting tech talent is become more and more difficult. Competition is fiercer than ever,” says Nancy Parsons, president and CEO of CDR Companies, an assessment, leadership development, and talent management firm.To read this article in full, please click her
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