Two out of three employers are implementing programs to retain some of their most talented workers -- a sign of an improving job market, a Hartford firm's survey shows.
Sixty-eight percent of employers have taken steps during the past year to retain some of their best executives, managers, future leaders, and those who work on the front lines, according to OI Partners-SIMA Career Coaching, a global coaching and leadership development and consulting firm in Hartford.
That is because turnover has already increased at 30 percent of surveyed companies and most are bracing for more employee exits in the coming year, according to the survey:
"Most employers have initiated measures to hang on to their best talent. They realize if retention is a problem with a high unemployment rate, it will only get worse once more jobs become available if they don't do something to entice employees to remain," said OI Managing Partner Ed Poff.
* 90 percent are concerned about losing high-potential employees
* 72 percent are worried about departing front-line workers (sales and service employees)
* 60 percent are apprehensive about middle managers leaving
* 45 percent are uneasy about senior-level executives exiting
The most difficult types of workers to retain are: operations and production (chosen by 30 percent), sales and marketing (27 percent), customer service (24 percent), accounting and finance (22 percent) and information services (20 percent).