Retention of key staff should be a key issue for any employer at the moment. We are in a candidate short market the likes of which we haven’t seen before, even in the late 80s, so retaining the good people you have is almost more important than getting them into the organisation. For most employers, the true cost of a new employee is not the agency fee or the advertising, but the training and “ramp up” to full productivity that […]
Whatever the state of the market, remuneration packages are normally crucial in securing the right candidates and for many companies at the moment, staff retention is high on the list of priorities. It’s not always enough to resort to installing snazzy drinks machines, and offering head massages (it has been known). Perks aside – let’s talk real benefits. What if your reserves don’t stretch to offering salaries the size of Germany? Ever considered share options?