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Products April 13, 2010
Manpower Offers Resources for Building Employee Retention Strategy
April 12, 2010 (PLANSPONSOR.com) - To help employers minimize the knowledge loss and financial impact that comes with attrition, Manpower offers insight on building a successful knowledge retention and transfer strategy.
Reported by Rebecca Moore
According to a press release, Manpower has developed a paper titled “Knowledge Retention and Transfer in the World of Work” which outlines the impact of workforce mobility and steps for building a broad knowledge retention and transfer strategy. Manpower is also launching an interactive Web tool to help companies evaluate their current strategy.
Manpower noted in the press release that in a recent Manpower survey of 2,000 North American hiring managers, 80% indicated that they expect less than 5% of their employees to leave the company voluntarily in 2010. Meanwhile, a survey of employees by Manpower subsidiary Right Management revealed that 60% of workers intend to pursue new job opportunities if the economy improves this year (see Workers Expected to Flock to the Exits in 2010).
Manpower’s survey also showed that 31% of employers do not have a proactive process in place to capture employees’ job knowledge.
The paper, tool, and other interactive elements, including audio clips, are free and available at http://us.manpower.com/knowledgeretention.