Accounting For Talent Risks In A Competitive Hiring Market
As the COVID-19 pandemic and health regulations start to finally ease up, organizations are feeling a great sense of normalcy returning. In terms of jobs, many federal entities like the U.S. Federal Reserve point to plenty of new positions being created across the country. However, many companies are still having trouble hiring and retaining talent amidst everything. A great shift in employment is happening due to the wants and needs of candidates increasing beyond higher pay. Risk management professionals need to manage the talent risks that come along with that and understand what candidates want from their employers. Here are perks that most people are valuing higher than wages. Company Culture Company culture is becoming more and more valuable every day. Not to say it hasn’t been valuable before, but now, we are seeing potential candidates willing to take less monetary benefits in favor of a company with strong company culture. What does a strong company culture l...