Finance survey: Training key to retaining staff

Training and development as a way to motivate and retain top talent

Written by AccountancyAge.com

Companies are increasingly turning to training and development as a way to motivate and retain top talent, a survey by Robert Half Finance & Accounting has found.

The recruitment agency based this finding on a survey conducted with over 2,300 HR and finance managers across 13 countries.

Globally, nearly three quarters (73%) of HR and finance managers believe training is the best way to boost retention in the workplace. This is closely followed by career development programmes (37%) and financial compensation (31%).

Ian Graves, managing director Continental Europe, Robert Half International, said:
'Retention continues to be a priority for businesses across the globe. We are seeing, especially in Europe, that managers are looking at more creative means to engage and motivate staff. Training and compensation remain popular techniques to reduce staff turnover but, what is interesting, is the increasing tendency by finance and accounting firms to get employees more involved in the broader operations of the business.’

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