Holding your top talent

Authors
Citation
Pm. Perry, Holding your top talent, RES TECH M, 44(3), 2001, pp. 26-30
Categorie Soggetti
Management,"Engineering Management /General
Journal title
RESEARCH-TECHNOLOGY MANAGEMENT
ISSN journal
08956308 → ACNP
Volume
44
Issue
3
Year of publication
2001
Pages
26 - 30
Database
ISI
SICI code
0895-6308(200105/06)44:3<26:HYTT>2.0.ZU;2-M
Abstract
As dot-com mania fades, its effect on job mobility lingers on. Star technic al performers, once considered organizational loyalists, are more likely to jump ship for competing job offers Employers are responding to the threat by introducing new policies and procedures designed to retain key personnel . The most visible and expected change is in compensation: Salary equality participation and bonuses are on the upswing as is the correlation of pay w ith performance and the frequency with which compensation is reviewed. But good pay is not enough to keep the best people, in a new environment charac terized by talent raids by competing organizations. Star performers are dem anding-and getting-more opportunities for career advancement, greater parti cipation in leading-edge projects, and entrepreneurial freedom.