Recruitment, retention top concerns for HR

Despite gloomy forecasts a new survey shows HR executives are confident about their organisations' growth prospects but concerns linger over staff retention and recruitment.

Australian HR executives are confident about the country’s economic prospects for the year ahead, with eight out of 10 (76%) expecting their own organisation to grow in 2014, according to recruitment firm Robert Half.

However, concerns over staff retention and recruitment are still at the forefront of HR minds with 37% saying their firm experiences recruitment and retention challenges and 83% are concerned about losing top employees.

David Jones, Managing Director of Robert Half Asia-Pacific stated there was no room for complacency.

“A third of HR executives surveyed say candidates are more likely to refuse a job these days compared to three years ago, so companies need to think about what they can offer their potential staff. We are seeing employers explore additional ways to attract and retain talent, which doesn’t always involve remuneration,” Jones said.

According to the firm’s 2014 Salary guide they are seeing on average one in every two firms offer benefits to keep and attract talent, particularly through up-skill through training and development (54%), and/or coaching and mentoring (50%). Health and wellbeing initiatives also play a role with 15% of organisations offering nutrition advice; 13% run yoga classes; and a further 13% provide massages in the workplace.