Employers are investing more money in talent, but much of it is proving ineffective, according to the latest Talent Barometer survey from Mercer.
The survey showed that 60% of organisations worldwide have reported increasing their investment in talent in recent years, however only 24% said their plans are highly effective in meeting immediate and long-term human capital needs.
It also found that while 77% of those surveyed have a strategic workforce plan in place, only 12% have plans that extend for five years or more.
“Effective workforce planning is an essential part of positioning talent as a strategic asset and maintaining a competitive business advantage,” said Julio A. Portalatin, president and CEO of Mercer.
“With the information and data analytics available today, employers can measure and manage their talent like never before. The question is whether the increased attention and efforts deliver the intended results.”
Chosen excerpts by Job Market Monitor
via HR Magazine – Employers are investing more in talent but it’s not effective, says Mercer.
Related Posts
Hiring / Employers’ old tech costs talents
The recovering labor market may be facing two new hurdles to faster hiring: smartphones and unsophisticated employers. Highly valued employees are turning to their phones to hunt for jobs, but employers’ outdated tech is throwing a wrench in the process. Some employers’ websites and long applications don’t work well on devices Almost a third of Google … Continue reading »
Talented Working Mothers: 28 percent of women with Harvard MBAs had left the workforce 15 years after receiving their degree
A 2009 study from University of Califirnia Berkeley Haas School of Business found that 28 percent of women with Harvard MBAs had left the workforce 15 years after receiving their degree. A 2010 study of MBAs from top business schools by University of Chicago Booth School of Business found that hours and labor force participation … Continue reading »
Talented Working Mothers: 28 percent of women with Harvard MBAs had left the workforce 15 years after receiving their degree
A 2009 study from University of Califirnia Berkeley Haas School of Business found that 28 percent of women with Harvard MBAs had left the workforce 15 years after receiving their degree. A 2010 study of MBAs from top business schools by University of Chicago Booth School of Business found that hours and labor force participation … Continue reading »
Job Market Monitor 
Discussion
Trackbacks/Pingbacks
Pingback: The Talent War – 63% of CEO said availability of skills was a serious concern (PWC) | Job Market Monitor - July 23, 2014