To boost share value, tailor your talent treatment
The adoption of a more personalised approach to developing, nurturing, managing and compensating key workers can boost total shareholder return by up to two thirds over a five-year period, a report has revealed. But the study among senior HR professionals at 44 organisations and 110 individuals undertaken by talent management specialists Jackson Samuel also indicated […]
Banker bonus tax to battle ‘Britain’s lost talent’
The Shadow Chancellor plans to table a motion to levy a new £2 billion tax on bankers’ bonuses in order to fund back-to-work schemes for young people and those living in unemployment black spots. Labour’s Ed Balls is currently try to secure the backing of Liberal Democrat and Tory backbenchers to support an amendment to […]
Britain’s got talent: but how do you find yours?
On Saturday, the talent of Jai McDowell was publicly acknowledged when the 24 year old won Britain’s Got Talent, the nation’s favourite talent show. His prize was £100k, a place at the Royal Variety Performance and the potential of a flourishing career in the UK’s music industry. ITV’s successful television programme provides a solid structure […]
Timelords and talent management: 8 reasons your talent is like the Doctor
Why your key talent is as amazing – and annoying – as a Timelord, and how engaging and keeping your talent can be as frustrating as being a Doctor’s assistant. They won’t stay still. Even in a recession, real talent moves. For some, it’s like there was never any recession, they have continued in their […]
This ain’t a war, it’s a long term talent management strategy
If there is a silver lining to the recession, it is that companies were forced to focus on the issues that really matter. While some thought this would herald a war on talent, this wasn’t the case. Now that economic recovery is underway, businesses have begun investing heavily in long-term strategies to enhance talent and […]
SuccessFactors purchases Plateau for $290m
SuccessFactors has purchased Software-as-a-Service-based learning management system provider Plateau for $290 million in cash and stock in a bid to build out its talent management system and compete more effectively with on-premise vendors. The acquisition will be integrated with Jambok’s SaaS-based social video learning system, which SuccessFactors acquired in March, as well as its own […]
Encouragement from managers increases staff engagement
There is a direct correlation between staff engagement and the amount of guidance, feedback and autonomy that managers are willing to provide workers, according to research. In general terms, employees feel more supported if their bosses focus on what they do, feel good about themselves in their role and act in a way that demonstrates commitment […]
Talent top priority for CEOs
Talent management has become the number one preoccupation among chief executives at global organisations this year because skills shortages are becoming increasingly apparent as they gear up for renewed growth. According to a survey among 1,201 chief executives in 69 countries undertaken by management consultancy PricewaterhouseCoopers, emerging Asia-Pacific markets are being viewed by bosses in […]
Global talent management in action: Siemens – success through business execution
Creating a global talent management system used by 400,000 users across 80 countries working in 20 different languages in a period of 18 months; it’s a daunting challenge but one achieved by electronics giant Siemens working in partnership with SuccessFactors. Using Cloud Computing and Business Execution principles, the German firm has brought about global transformational […]
Catching stars – talent management and technology
Talent management is a thorny issue which touches everything from recruitment, to retention, through to succession planning. Many are utilising technology to help them plan for and manage their talent needs, but what difference can it make to HR? 1 What are the main challenges you find HR is facing today?As companies begin to emerge […]
Half of bankers set to leave over 2011 bonus
With half of frontline banking staff threatening to leave if next year’s bonus again fails to meet their expectations, financial services organisations may need to find new ways of retaining top talent. According to a survey of more than 1,000 banking personnel undertaken by recruitment consultancy Hays Financial Markets, almost two thirds said they were […]
The decade that revolutionised learning, performance and talent management
Attitudes and practices regarding people management and development have changed dramatically over the past decade. Vincent Belliveau, EMEA General Manager for Cornerstone OnDemand, examines the most significant advances and outlines the key trends for 2011. If you’re interested in online training don’t miss the free webinar, Getting started in online training on 18 January, 3pm. […]
Staff sharing scheme to help public sector retain talent
About 30 local authorities are to start piloting an online staff secondment service as an alternative to making redundancies following deep cuts to their budgets. The pilot scheme was jointly developed by online skills exchange StaffShare and Local Government Employers, a body that represents employers when negotiating on pay, pensions and workforce-related issues. The idea […]
A decade in HR – 10 years of talent spotting and getting more social
It is fair to say that over the last 10 years the HR landscape has changed considerably, both in terms of processes and the technology used. We have seen economic boom and bust and its resulting impact on recruitment and talent management. We have also seen the unprecedented growth in the internet, and more latterly […]
Nearly half feel organisation lacks skills
Although just under half of UK managers are expecting to make further redundancies next year, around 43% believe that their organisation does not have the right skills in place to fulfil its 2011 business objectives. A survey undertaken among 809 managers in the public, private and third sector by the Chartered Management Institute (CMI) revealed […]
Five steps to bagging the best talent
How to retain the best talent is a pressing issue for many businesses across the UK. To ensure they are able to attract the cream of the crop, businesses must endeavour to become an employer of choice – not only asking what the employee can offer the employer, but what tangible benefits the employer can […]
The war for diverse talent
Let’s face it – diversity has become a pretty tired term in HR circles. By now, HR people should know that diversity is important. However, is there a genuine business case for diversity? Raj C. Tulsiani investigates. Are there distinct competitive advantages for organisations that manage to embed diversity? Could an HR Director stand in […]
Finance talent war rages on – and set to worsen
Although finding skilled finance, accounting and operational support professionals is already proving tricky for many employers, the skills shortage is only likely to worsen as business confidence starts to return. A survey undertaken among 6,300 financial leaders across 19 countries by specialist recruitment consultancy Robert Half revealed that, while the hiring market was still in […]
The next generation of talent management
As we come out of the recession, companies are cautiously planning their next moves with one key goal in mind: re-igniting growth. In previous eras, business leaders have focused on driving growth through innovation, R&D, and customer centricity. Talent management was rarely high on the agenda. However, this time around, businesses are recognising that a […]
Study finds UK organisations need to modernise their approach to talent management
With a glimpse of economic recovery ahead, organisations are taking stock of their talent. In many companies, restructuring and downsizing have led to low employee morale, putting top talent at risk, jeopardizing employee productivity, and compromising engagement. Companies need to take the time to review their career planning, succession management, development, and rewards programmes to […]
