talent pool
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How to Improve Retention: 3 Strategies for an Increasingly Global Talent Market
In an increasingly global talent market, retention is only getting more difficult. Recent studies by the Society for Human Resources Management (SHRM) indicate that, for CHROs, considering how to improve retention is a key concern for 2016. Some 56 percent of HR professionals in the U.S. believe that strong competition for talent and wages is a major challenge, which should increase pressure on HR leadership to improve retention.Although technological advancements have made it easy for HR departments to expand recruitment strategies to…
Posted by: ADP 25 Jul 2016 | 0 Comments
So What's the Plan? The Succession Plan. That Is.
You've just been poached. One of the more tenured team members in your organisation has just told you they're leaving your company for another opportunity. It's bad enough you're losing a key person – and soon. To make matters worse, you have no idea who will fill what has just become a gaping hole in your organisation's knowledge base. Unfortunately, the sudden, unexpected departure of a skilled, knowledgeable employee from your organisation isn't the only force draining your talent pool.…
Posted by: ADP 05 Apr 2016 | 0 Comments
Is your business riding the ‘third wave’ of globalisation
Did you know that we are living in the third wave of globalisation? The first was driven by the industrial revolution; the second, post Second World War, brought us the World Bank, MacDonald’s and Coca-Cola. Now the third, driven by the birth of the internet, has allowed even micro businesses to spread their reach, making national boundaries insignificant. The number of transnational corporations has tripled over the past two decades. In fact, this business model – a central global strategy with…
Posted by: ADP 24 Sep 2015 | 0 Comments
Talent Management: the latest weapons in the war for talent
Get ready for a shock. I hope you’re sitting down. You know how important talent management is to HR? In fact, it’s pretty much the whole point of HR, right? Yet research by ADP find that only 8% of HR’s time is devoted to talent management. Only eight percent! Or to put it another way, if 92% of HR’s time is NOT focused on talent management, then what are they doing?The global workforce realityAccording to a survey by Harvard Business Review,…
Posted by: ADP 24 Sep 2015 | 0 Comments
HR: bridging the divide between business expansion and talent challenges
This is another of the key insights. I took away from recent research released by the ADP Research Institute®, focusing on the human capital management needs of multinational companies.HR leaders should take notice. The key to any successful new market expansion is having the right talent in place. From predicting workforce impact to identifying investment needs, HR can deliver valuable insights that will help inform decision-makers’ business expansion plans.Unfortunately, there seems to be a hesitancy to execute against talent strategies.…
Posted by: ADP 23 Sep 2015 | 0 Comments