International Business Report 2008 - Recruitment Retention
International Business Report 2008 - Recruitment Retention
78% of local privately held businesses (PHBs) reported increased staff costs compared to the global average of 63% according to the latest findings from the Grant Thornton International Business Report 2008.
With a tight market for talent, companies are developing a full portfolio of interventions to attract and retain staff. Three quarters of Singapore companies are working hard to improve retention by ensuring that all employees understand the company’s core values to engender employee loyalty.