Free Special Resources
Get Your FREE Special Report. Download Any One Of These FREE Special Resources, Instantly!
Featured Special Report
Claim Your Free Cost Per Hire Calculator
This handy calculator lets you plug in your expenses for recruiting, benefits, salaries, and more.

Graphs automatically generate to show you your annual cost per hire and a breakdown of where you are spending the most money.

Download Now!
May 16, 2011
Employers Focus on Attracting, Retaining Top Talent

As the econcomy recovers, employers are gaining confidence. Pay freezes are thawing and median pay increases are expected to rise to three percent this year, up from 2.7 percent in mid-2010 and 2.2 percent at the beginning of 2010. As a result, employers are turning their efforts towards implementing effective attraction and retention strategies.

For a Limited Time receive a FREE Compensation Market Analysis Report! Find out how much you should be paying to attract and retain the best applicants and employees, with customized information for your industry, location, and job. Get Your Report Now!

A recent Buck Consultants survey, “Reviving and Inspiring the Workforce: 2011 Compensation Trends Survey,” found that a majority of employers (63%) are using hiring bonuses. The report also suggests that roughly 40 organizations offer, or plan to offer, retention bonuses.

Other strategies aimed at reducing turnover include:

  • New career development opportunities (41%)
  • Market pay adjustments (30%)
  • Larger base pay increases (24%)
  • More non-cash recognition (18%)


Buck Consultants

Featured Free Resource:
Cost Per Hire Calculator
Twitter  Facebook  Linked In
Follow Us
Copyright © 2017 Business & Legal Resources. All rights reserved. 800-727-5257
This document was published on
Document URL: