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« Exciting Developments | Main | Are you giving your business air? »

June 15, 2009

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Comments

Derek Irvine, Globoforce

Excellent point on the importance of retention and employee engagement - especially in a recession.

McKinsey recently said: “Companies like to promote the idea that employees are their biggest source of competitive advantage. Yet the astonishing reality is that most of them are as unprepared for the challenge of finding, motivating, and retaining capable workers as they were a decade ago. Since investments in talent intangibles are expensed rather than capitalized, managers may try to raise short-term earnings by cutting discretionary expenditures on people development. This tendency may turn into a vicious circle: a lack of talent blocks corporate growth, creating additional performance pressures that further divert the attention and thinking of executives toward the short term."

Much more on this topic available here: http://globoforce.blogspot.com/search/label/employee%20retention

Eva22Bartlett

All people deserve wealthy life and credit loans or just short term loan will make it much better. Because people's freedom relies on money state.

Bay

Eva

Loans certainly have a useful part to play in our lives. Very few of us would even have homes without lending/borrowing capabilities. The point is that borrowing with its concomitant obligation to pay interest invariably means we pay more in total than we otherwise would. Therefore by defintion it makes us less wealthy than we would otherwise be. The point is therefore to keep one's borrowing to a bare minimum.

Remember too, that wealth is so much more than our possessions and what we have in the bank! Remember, "It is the things we get for free that nothing can ever replace."

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