High-quality talent is hard to come by and even harder to keep. With low unemployment and a generation of reliable, experienced workers pondering retirement, competition for talented employees has become the stuff of sleepless nights for chief human research officers.
With nearly half of all employers in America unable to find the employees they need, it’s more important than ever to stand out from the crowd. Compensation is, of course, the No. 1 reason an employee chooses to stay with a company, but the next reason might surprise you. In a study published last year, the Society for Human Resource Management reported that a good work-life balance is the second concern employees weigh when deciding whether to stay with a company.
