Survey shows employee retention top concern
By Canadian PizzaNews
Jan. 8, 2009, Toronto – A recent survey suggests today's
employers are most worried about hanging on to good employees, even in the
When asked about their greatest staffing concern, 35 per
cent of senior executives interviewed cited employee retention, while 23 per
cent said staff morale. Recruitment was named by 22 per cent of respondents.
The survey was developed by Robert Half International, the
world's first and largest staffing services firm specializing in accounting and
finance. It was conducted by an independent research firm from Sept. 15 to
Oct.15, 2008, and is based on interviews with 100 senior executives in Canada.
"Many firms are operating with lean teams in which
every staff member plays a key role in the business, making retention a greater
concern," said Max Messmer, chairman and CEO of Robert Half International
and author of Human Resources Kit For Dummies.
"Companies that lose top performers may not only
experience declines in productivity but also incur significant costs in
replacing these professionals."
Mike Gooley, branch manager for the Toronto operations of
Robert Half International added, "Maintaining employee morale will assist
with retention efforts. One of the best ways to accomplish this is through
effective communication, making it is essential for executives to engage in
frequent dialogue with staff members to keep them updated on company news and
offer praise and encouragement."
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