(Smart Planet, 9 February 2012)
In Brief: Poaching and a talent shortage that could slow growth are widespread concerns, , according to a recent survey of CEOs. Many companies are investing in such non-financial incentives as international experience and training – not just as a way to attract the best new candidates but also to encourage employees to stay.
Our View: While it may seem counterintuitive that the risk of voluntary turnover might increase during an economic downturn, audit departments should address the risk of attrition with a focus on accelerating the careers of their top performers and creating “head room” for emerging leaders.
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