20 Jan '11, 8am

Firms do more to retain high performers

Firms do more to retain high performers

SINGAPORE: With hiring expectations at their highest level in 11 years in Singapore, employers are rolling out a variety of measures to attract and retain high performers. This is according to a survey released on Thursday by recruitment firm Hudson. Almost 60 per cent of employers surveyed have employee recognition programmes in place. About 55 per cent use monetary incentives to retain performers. Hudson said offering work-life balance benefits have also become a key retention strategy for many employers. Hudson Singapore executive general manager Georgie Chong said: "Now that we are in a better environment; the economy has picked up, I think people just want to go 'phew! We made it!'. Ms Chong said now that most companies are performing better, some employees might ask if they could have a breather, as well as some form of flexibility in terms of working hours. She adde...

Full article: http://www.channelnewsasia.com/stories/singaporebusinessn...

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