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Knowledge Retention in the Age of the Brain Drain
With the average time on a job ratcheting down to 2-4 years, and a large demographic pool of workers slated to retire, North American companies are facing a brain drain. When top performers leave, many times for a competitor, they take their knowledge with them. How can you help retain the vast knowledge of these workers before they leave your organization?
Neal Bruce Neal Bruce has been in the recruiting industry for the past 14 years. His first 11 years were spent as a practitioner, moving from recruiter to recruiting manager to Director of Staffing for a global software organization. As Monster’s Vice President of Alliances, Neal was responsible for creating and executing Monster’s HR Vendor Alliances strategies. Neal is currently a member of Monster’s Innovations Team, looking forward to new products and leap frog technologies for Monster. He is a member of the Human Capital Institute’s National Advisory Board and a frequent speaker at HR industry conferences. Paul Jamieson Paul Jamieson analyzes trends in human capital management. His research efforts for Monster include, "Retention Strategies for 2006 and Beyond", "Employer Branding: Communicating the Value of the Employee Experience" and "How to Effectively Manage Worker Knowledge". He holds a B.A. in business administration from Western Connecticut State University's Ancell School of Business. |
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