PracticePeople In PracticeFinance survey: Training key to retaining staff

Finance survey: Training key to retaining staff

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

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.’

Further reading:

Ten tips: communications

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