03/22/2024

Winning The Talent War

How to attract and retain top employees

It is no secret an organization's success hinges on the caliber of its workforce. As a CEO, one of the most critical responsibilities is attracting and retaining top talent. However, in today's rapidly evolving and dynamic business landscape, traditional approaches to talent management are proving insufficient.

Gone are the days when a competitive salary was all it took to attract top talent. Today's CEOs must grapple with a hyper-competitive job market and evolving employee expectations (and priorities).

According to a report by the Society for Human Resource Management (SHRM), 83 percent of HR professionals find sourcing quality candidates increasingly tricky. Moreover, recruiting and retaining talent is challenging and costly to the bottom line, with voluntary turnover costing companies over a trillion dollars annually, according to Gallup.

Please select this link to read the complete article from Forbes.