Holding on to talent 'top of mind' for Australian employers in 2006: Hudson
Report
February 3 2006 - Holding on to existing employees is the highest
priority for Australian organisations in 2006, according to the latest results from
The Hudson Report, released by Hudson, a leading recruitment, outsourcing and human
resource consulting firm. The Hudson Report found that 39% of Australian employers
identified 'Staff Development and Retention' as their organisation's leading priority for the
year.as the battle for
suitably qualified workers intensifies.
Based on a survey of 8,693 employers across Australia, the report
indicates that a further 23% considered 'Attracting
Suitable Staff' as their highest HR priority for this year. This was followed by
'Enhancing Performance and Productivity', highlighted by 21% of respondents.
Anne Hatton, CEO of Hudson Australia/New Zealand,
said that as the talent pool in Australia continues to
shrink, there is more pressure than ever to hold on to
strong performers.
"Organisations need to get on the front foot and look at
more sophisticated ways to track, manage and develop
their existing talent. They could otherwise face
significant costs in staff losses at a time when they just
cannot afford to let this happen," Anne Hatton said.
The results also show that 'Attracting Suitable
Staff' has overtaken 'Enhancing Performance and Productivity' as the second highest
priority for employers this year, when compared with 2005 priorities.
"As the skills shortage gets worse, and businesses undertake more proactive employee
retention strategies, sourcing suitably qualified and experienced staff will be more
challenging," said Hatton.
"Smart employers will reap the benefits of a diverse workforce, including part-time workers,
return-to-work parents or the mature age population, but will need to ensure the right policies
and practices are in place to accommodate these workers," Hatton added.
The Hudson Report
Based on nationwide research, The Hudson Report uncovers and analyses the hiring
expectations of Australian employers over the coming quarter, and provides insights into a
range of topical human resource issues impacting business.
Results from the Q1 2006 Hudson Report were gathered through 8,693 surveys conducted by
Hudson recruitment and consulting professionals. The Employment Expectations component
of the Hudson Report was previously known as the Job Index Survey. Copies of The Hudson
Report are available at