NEWTON, Mass.--(BUSINESS WIRE)--A new survey by ChainLink Research found that in spite of the persistently high level of unemployment, there is an intense and growing war for talent amongst firms. In its research, ChainLink compares and contrasts the different concerns of managers vs. individual contributors and how each believes those concerns should be addressed. The research also asked about budgets for 2011. Among the key findings:
- Retaining top talent is a key concern of executives. It is fueled by a talent shortage for certain key professions. There are specific steps that can be taken to retain talent.
- While important, compensation does not top the list of what employees are asking for this year. The most important things are skills development, better communications, and innovation in the organization.
- We are seeing increases in budgets but only in selected areas. We expect spending on innovation and technology to increase.
- New work styles are rising in importance. Policies and management approaches that encourage more creativity, employee empowerment, flexible work hours, and the ability to work remotely (at home) can help build loyalty and morale among employees.
- Leaders who provide good educational programs and opportunities for advancement, communicate frequently and effectively, create an innovative environment, and reward their top performers should do well in creating a competitive organization where people really want to work and are motivated to do their best.
Results from the survey will be presented in a webinar on Thursday, February 24th at 12:00 EST – see http://tinyurl.com/2011Priorities. To download a report on the research findings, go to http://tinyurl.com/2011PrioritiesReport. For more information visit: www.chainlinkresearch.com.