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Best HR Practices

Recruitment & Retention Strategies
"Never has there been a greater urgency to improve recruiting
and retention strategies"
People Drive Success
What drives the success of your company? Chances are, it¡¦s not your strategies or your products or your capital investments. It¡¦s your people. People are a company¡¦s primary source of competitive advantage. However, finding and keeping talented employees has become one of today¡¦s greatest business challenges, as these current trends reveal:

1. The pool of available labor is shrinking.

2. Even an economic slowdown may not alleviate the talent shortage. The economy is changing at a faster pace than ever before, forcing companies to hire people with different skill sets from one year to the next, regardless of the overall pace of economic growth.

3. Downsizing isn¡¦t the answer. Layoffs haven¡¦t decreased the unemployment rate. Studies show companies that downsize usually re-hire different people to fill those vacant p...

Posted by: Quentina Green

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