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If pay and benefits are not a priority, what is? |
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Written by EBO Editor
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Monday, 18 January 2010 08:39 |
Companies are being forced to change their approach to attracting and retaining talent in the light of the global recession.
The recent International HR Barometer survey, polling over 550 senior HR management professionals across 17 countries, conducted by The Scala Group, The ACE Network and supported by international law firm Salans, showed that only 25% of respondents felt that enhancing pay and benefits would assist companies to navigate their way successfully through the downturn. A much higher importance - 63% - was placed on skill and capability development of employees.
The survey also showed that increased communication (65%) and employee engagement (51%) were ranked as the key drivers to ensuring companies were in the best possible position with their staff to not only survive the downturn, but be prepared for the upturn. Interestingly, over 56% of respondents felt that tackling poor performance was still needed in companies.
Janice Caplan, Founding Partner of The Scala Group, comments, “In contrast to previous recessions, UK companies are clearly dealing with the crisis in an increasingly sophisticated way, through focusing on skill and capability development as the means to achieving business recovery.”
Barry Mordsley, Global Co-Head of the Employment Group at Salans, added, “Many companies may have taken the easy road and used cost reduction directives as the reason to tackle poor performance. What the survey shows is that from an HR perspective, tackling employee performance issues head on, at any stage of the economic cycle, remains one of the best ways to ensure business strategy stays on track.”
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Economic Conditions Snapshot, November 2009: McKinsey Global Survey results |
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Written by EBO Editor
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Thursday, 12 November 2009 13:12 |
In Economic Conditions Snapshot, November 2009: McKinsey Global Survey results, Executives’ optimism about the economy continues to climb, especially in emerging markets and in developed economies in Asia. Executives are a little less sure about their companies’ prospects and say low consumer demand is the biggest barrier to growth.
To read the full article please click here>
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Do you have the necessary Googliness? |
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Written by EBO Editor
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Friday, 30 October 2009 11:05 |
Google is the most popular company in the world — at least in that portion of the world made up of 120,000 final-year business and engineering students at leading universities in Europe, North America and Asia. After all, who wouldn’t want to work at a company that promises former neurosurgeons and alligator wrestlers as colleagues, on-site massages, the chance to invent products that could be used by millions of people — and a free lunch?
To read an editorial by Carly Chynoweth on Times Online about Universum's recently released Top 50 Employers List please click here>
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EBI Employer Branding Global Survey Research Report |
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Written by EBO Editor
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Tuesday, 02 June 2009 06:49 |
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Executive Summary
Most would agree having a strong employer brand, a good reputation as an employer and a highly engaged workforce will deliver competitive advantage and superior financial results. A strong employer brand makes it easier for you to attract and retain talent. It positions you in the market for talent as a preferred employer. It stimulates word of mouth promotion about your organisation. It helps you deliver higher levels of customer service. Importantly it is the main driver of value from your organisation’s intangible assets.
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