No organization can exist without Human Capital, which makes it essential for each corporation to know how to keep employee morale high and departures low. Even the smallest gesture that a firm makes to show its appreciation to its human resource can spell the difference between success and ruin.
According to the PwC 15th Annual Global CEO Survey, 50% of CEOs intend to increase their headcount this year. Despite the optimism, however, CEOs consistently cite a critical pressure point: talent.
According to the PwC 15th Annual Global CEO Survey, 50% of CEOs intend to increase their headcount this year. Despite the optimism, however, CEOs consistently cite a critical pressure point: talent.
The millennial generation is entering employment in vast numbers and by 2020, may form 50% of the global workforce but the turnover rate for millennials (defined as those who entered the workforce after 1 July 2000) is turning out to be somewhat higher than usual due to various factors, a report prepared by the PricewaterhouseCoopers (PwC) Asia-Pacific Saratoga centre in Singapore says.
Transformation is an uphill climb. The journey towards a successful corporate reengineering requires special Change Management techniques that will ensure stability, efficiency and cost-control.