HR focuses on retaining its existing workforce

Staff
retention is the main priority for HR departments this year, according to a
CIPD survey.

More
than a third of respondents taking part in the reward Management survey state
their 2002 priority is to retain highly skilled employees.

Almost
a quarter of HR respondents plan to focus on retaining all levels of employees
this year.

Three
out of 10 of the 1,000 HR professionals surveyed reveal their priority will be
to support the business objectives and reward and encourage high performance
over the next 12 months.

A
quarter are to concentrate on recruiting highly skilled employees and a fifth
of HR departments aim to help improve their company’s performance.

Only
4 percent of employers highlight policies promoting work-life balance as a
priority despite increasing evidence that staff see this as important.

The
report also finds that basic pay increases are being driven by individual
performance and inflation and the use of flexible benefits is set for rapid
growth.  www.cipd.co.uk

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