| RETENTION US employers wooing staff with total reward US employers are still fighting to hold on to their best staff by offering all-embracing total reward packages, according to a large-scale survey by WorldatWork. The US economic downturn has not affected the need for employers to find and keep the best people. The WorldatWork's 2,800-company survey found that seven in ten US organisations are experiencing difficulty attracting and retaining key employees. Not surprisingly the information technology market is still reporting the tightest labour squeeze. Now in its 28th year, the Total salary increase budget survey found that many US businesses are only too willing to put money on the table — market adjustments and hiring bonuses remain commonplace. But as the table below shows, companies are realising that total rewards and work-life programmes are critical ingredients, along with cash in attracting and retaining top talent. Other key findings of WorldatWork research
Top recruitment and retention practices in US
Survey sample: 2,564 organisations — 7.7% of US employers have not taken any action. Source: WorldatWork 2001— 02 Total Salary Increase Budget Survey.
Want to know more? Title: Report on the 2001— 02 Total Salary Increase Budget Survey, by WorldatWork. Methodology: The 78-page report is based on 2,800 responses to a survey questionnaire. Sample size: 2,564 US firms and 266 Canadian provided information, representing a total of 15.58 million employees. Business sectors: Respondents represented a broad cross section of industries. Availability: Contact customer relations at WorldatWork, tel: 001 480 922 2020, post: 14040 N. Northsight Blvd, Scottsdale, Arizona, AZ 85260, USA. For more information about WorldatWork visit . . . Posted 5 September 2001 |