RESOURCING AND TALENT PLANNING - Hays

2012
only a minority report their talent management
spend has decreased. Organisations clearly need
to invest in talent in order to maximise their
performance in the difficult economic climate. The
skills shortage increases this imperative.
There is some indication that organisations (at
least in the private sector) are stepping up their
focus on retention after some neglect in the
aftermath of the financial crisis. Nevertheless,
there is still room for improvement, with one in
five reporting that no specific retention initiatives
were undertaken in 2011.
Widening the net for attracting talent
Last year we also noted a reduction compared
with previous years in the use of several methods
to attract diverse candidates, possibly due to a
reduced focus on diversity as the pressures of the
economic downturn diverted attention elsewhere.
This trend has not continued this year, suggesting
that organisations are starting to look beyond
efficiency measures to widening their net to attract
the talent they will need to ensure their future
success. Winning the war on talent will require
organisations to welcome talent of all backgrounds.
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