Retaining Key Employees in Times of Change
Many companies throw financial incentives at senior executives and star performers during times of change. There is a better and less costly solution.
Content: Article | Authors: Emily Lawson, Matthew Guthridge, Sabine Cosack | Source: McKinsey Quarterly | Subject: Human Resources
Motivating People: Getting Beyond Money
The economic slump offers business leaders a chance to more effectively reward talented employees by emphasizing nonfinancial motivators rather than bonuses. A recent McKinsey survey indicates that executives find some nonmonetary rewards motivate employees better than cash bonuses do. See what they are, then let us know what’s working in your organization.
Content: Article | Authors: Elizabeth Mohr, Martin Dewhurst, Matthew Guthridge | Source: McKinsey Quarterly | Subjects: Human Resources, Management, Organizational Behavior
Why Multinationals Struggle to Manage Talent
A survey shows a strong correlation between financial performance and best practices for managing talent globally.
Content: Article | Authors: Asmus B. Komm, Matthew Guthridge | Source: McKinsey Quarterly | Subjects: Best Practices, Human Resources, Management