Companies around the world are beginning to focus on retention measures to contain voluntary turnover of employees, as they expect a “resume tsunami” to hit them when the recovery begins, a survey by global consultancy Deloitte says.
According to the survey, after struggling with downsizing decisions amid the downturn, human resource executives globally have new concerns about building up of a resume tsunami, which may hit once the economy turns and employees begin to consider new opportunities.
This survey talks about few small steps which could help in reducing the retention problems.
• Take care of top performers and critical workforce segments.
• Hold managers accountable for retention
• Don’t kill survivors by drowning them with extra work
• Be careful about cutting compensation
• Tell the truth
The link to this survey is below; this is pretty good read.
http://www.deloitte.com/us/Debates/Retention
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