(The Beacon Group - Mar. 28, 2008)

Quotation

With prices rising, the job market wobbling and money increasingly tight, you’d have thought hanging on to your best and brightest workers would be simply a case of throwing more money at them. Think again.

A CEO poll conducted by Vantage Research determined that executives were most worried about talent shortage among other business issues.

Quotation

This latest survey shows that the number one business practice – open communication between management and employees – was mentioned nearly twice as frequently as receiving raises

Among employees, personal growth turned out to be a major motivator to stay with an organization. Employees were looking specifically for clear steps of advancement in their careers. Clearly communicating corporate values and vision also turned out to be a major factor in making employees feel like they belong to an organization.

Link to article here.

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The Beacon Group is an authority and global pioneer in the field of organizational development. Hundreds of companies across various industries have used the firm’s assessment products and advising services to leverage their investment in Human Capital. With a strong focus on innovation, The Beacon Group delivers cutting edge perspectives to corporations facing a range of organizational challenges. Clients including Mercedes-Benz, McDonald’s, Xerox, Sony and SAP have used The Beacon Group’s services to grow their thriving businesses. For more information visit www.thebeacongroup.ca