Hold on to your Rising Stars & Heroes
Talent management has become so critical that organizations are putting increased focus on retaining the best employees and reducing attrition rates. As per market research by Halogen and Cranfield University, about a third of organizations polled are set to introduce a talent strategy over the next couple of years. This will include increased emphasis on corporate training rather than on hiring fresh talent to plug gaps caused when employees leave. Succession planning is another area previously ignored but gaining ground among organizations these days. These trends were common across the English speaking world including the UK, Australia and New Zealand.
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