Although fears about talent shortages eased in the wake of the global recession and delayed retirements, organisations are once again taking a hard look at their long-term talent pipeline.
At issue is not just the size and shape of that pipeline, but also the degree of alignment with changing business strategies and skill needs, and shifts in the core employment deal.
With cost pressures prompting cutbacks in rewards, organisations need to understand the value proposition for their key talent segments, and how to create a work experience and deal that attracts, retains and engages the right people — at a cost the organisation can afford.
Companies with highly engaged employees generate more marketplace power than their competitors.
Frequent recognition is like applause; it rewards the accomplishment in real time.
Towers Watson is a leading global professional services company that helps organisations improve performance through effective people, risk and financial management. With 14,000 associates around the world, we offer solutions in the areas of employee benefits, talent management, rewards, and risk and capital management.
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