|
|
|
Research & Articles
Retention |
It's 2008: Do You Know Where Your Talent Is? Connecting People to What Matters
June 11 2007
Summary: Demand for knowledge workers is building even as their experiences, skills, and abilities are falling into increasingly short supply. Meanwhile, this shrinking talent pool grows ever more diverse - and their needs are shifting. They expect interesting work, career development, and flexibility in exchange for their highly sought after capabilities.
Deloitte Research's report "It's 2008: Do You Know Where Your Talent Is? Why Acquisition and Retention Strategies Don't Work" questioned the "war for talent" approach to these emerging trends. The report's author, Robin Athey, concluded that the most effective recruitment tactics, rich compensation packages, and "hot skills" bonuses don't address the core drivers of talent churn. Rather than focus on acquisition and retention, organizations should focus instead on what employees care about most: developing in ways that stretch their capabilities, deploying onto projects and roles that engage their heads and hearts, and connecting to the people and things that will help them achieve their professionals goals.
View full version
|
Retirement |
2005 Risks and Process of Retirement Survey - Society of Actuaries
June 11 2007
Summary: This report presents the results of a telephone study among Americans ages 45 to 80 conducted by Mathew Greenwald & Associates, Inc., and the Employee Benefit Research Institute (EBRI) on behalf of the Society of Actuaries. The purpose of this study was to evaluate Americans' awareness of potential financial risks, how this awareness impacts the management of their finances with respect to retirement and how Americans are managing the process of leaving the workforce.
View full version
|
Public Misperceptions About Retirement Security - Closing the Gaps
June 11 2007
Summary: For the last quarter century, there has been a growing focus on encouraging workers to take more responsibility for saving and preparing financially for their retirement. Several major laws were enacted to provide tax incentives for people to save for retirement, both through employer-sponsored defined contribution retirement plans and on their own. Through Individual Retirement Accounts, 401(k) plans, Keogh Plans and others, workers have access to vehicles for accumulating money for their later years. Accompanying a growing focus on these savings opportunities, there have been major efforts by financial services companies, employers, and a wide range of financial advisors to motivate people to save, to educate them about the need to prepare financially for retirement, and to teach them about investing. There has also been a growing body of research about how people react to this education and how they make decisions about saving and using their money.
Our 2005 review of consumer understanding, Public Misperceptions About Retirement Security, revealed major gaps in both retirement preparation and knowledge about financial preparations for retirement, despite the major efforts to help people take more responsibility.
View full version
|
|
|
|
|
|
|
