Safeguarding Your Most Important Asset

You are not alone if you are finding that it takes longer to find the talent you need, if candidates have multiple offers to choose from, or if you are losing valuable employees to your competitors. A variety of factors have converged to create this candidatetight environment. Chief among them is th...

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Bibliographic Details
Published inMichigan Banker Vol. 19; no. 6; p. 82
Main Author Angott, Mark R
Format Trade Publication Article
LanguageEnglish
Published Lansing Public Relation Enterprises, Inc 01.06.2007
Subjects
Baby boomers
Bank management
Candidates
Employees
Hiring
Human resource management
Labor supply
Retention
Success
Talent management
United States > US
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Summary:You are not alone if you are finding that it takes longer to find the talent you need, if candidates have multiple offers to choose from, or if you are losing valuable employees to your competitors. A variety of factors have converged to create this candidatetight environment. Chief among them is the shrinking labor pool as the first of the baby boomers begin to retire and the number of new entrants into the work force continues to decline. Another significant factor is the increase in the number of companies competing for the same talent. lthough you cannot do anything about our population demographics, there are ways to safeguard your most important asset by: 1. hiring smart, 2. developing talent, and 3. retaining the best.
ISSN:1044-1948