Monday, May 16, 2011

What’s Being Done To Keep Good People

Buck Consultants asked 91 companies what they're doing to retain top performers. In a nutshell:
New career development opportunities 41%
Market pay adjustments 30%
Larger base pay increases 24%
Larger bonus opportunities 21%
More non-cash recognition 18%
Additional company stock 13%
Accelerated or off-cycle base pay increases 5%
Accelerated promotions 4%
Greater retention bonuses 2%
Other 7%
None of the above 31%

Industry varied, as did company size. About 14% of respondents had less than 500 employees; 6% had 500-1,000 employees; 36% had 1,001 to 5,000; 14% 5,001 to 10,000; 31% more than 10,000.

Thanks to Todd Raphael / ERE Media, Inc.
http://www.ere.net/2011/05/12/whats-being-done-to-keep-good-people/?utm_source=ERE+Media&utm_campaign=6131b1af42-ERE-Daily-Recruiters-Drive-LinkedIn&utm_medium=email

 

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