Workable Attraction and Retention Strategies in the Current Competitive Global Business

Topic

Workable Attraction and Retention Strategies in the Current Competitive Global Business

Instructions

Talent recruitment and retention is one of the key challenges facing organisations today. A highly skilled and diverse workforce is required to deal with an increasingly competitive and global environment.
What key strategies would you recommend to attract and retain the best possible employees for
your organisation?
Consider legal aspects of employment, work health and safety and equal opportunities in your
answer.

Answer preview

The current competitive global business environment poses a challenge to human resource managers on attracting and retaining the best employees. It is often argued that attracting top talented employees can be simple, but a difficulty arises when it comes to keeping them (Nankervis et al., 2011). However, both concepts have proven a challenge to the current human resource practices since they hugely influence how a business performs. Attracting the right employees pays the dividend to a company since it can establish an efficient task force instrumental in pursuing the firm’s objectives. Any flaws in the attraction and recruitment of employees can be disastrous for a firm since it could lose significantly as a result of incompetent employees (Wallace et al., 2014).

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