The problem with talented employees is that they are always in demand. As global markets retract, the need for talent may actually increase as companies require a higher level of performance from fewer employees. This may cause the supply of available great employees to shrink, creating wage pressures and trapped revenue for those that cannot function without them.
This post is courtesy of Joyce Maroney, Executive Director of the Workforce Institute at Kronos. Kronos recently partnered with the Human Capital Institute to study how high performing organizations compete for talent. Following are some of the key findings of this research. In late 2018, Kronos and HCI studied over 200 organizations to assess their … Continue reading How Top Firms Compete for Talent