Remove 2021 Remove Fixed Costs Remove Retention
article thumbnail

Talent Strategy: ‘It’s About Being Intentional’

Chief Executive

Many companies, in fact, moved both by the tightening labor market and cheaper borrowing, went on hiring sprees in 2021, only to have to announce layoffs a few months later amid falling stock prices and higher interest rates. And the already significant fixed costs of adding staff are only getting steeper. This year’s 4.8

article thumbnail

Recession-Proof Your L&D Strategies and Budget For Future Success

AIHR

Inspite of this, organizations have created the perception that learning is a benefit, or a privilege provided to employees as part of employee engagement and retention strategies. Instead it will drive up the cost of scarce and critical talent in a market that is already suffering from a lack of supply.

Sales 83