Majority of Companies Worldwide Having Difficulty Attracting Critical-Skill and Talented Employees, Towers Watson Survey Finds - MarketWatch

NEW YORK, Sep 07, 2010 (BUSINESS WIRE) -- A vast majority of companies worldwide are having difficulty attracting the critical-skill and talented employees needed to help them rebound and prosper in the wake of the economic crisis. However, the severity of their difficulty in attracting these workers varies greatly from country to country as economic recovery is proving to be uneven in different regions, according to a new survey conducted by global professional services company Towers Watson (TW 47.40, -0.27, -0.57%) and WorldatWork, an international association of human resource professionals.
The Towers Watson Global Talent Management and Rewards Survey, a study of 1,176 companies globally, including 314 from the United States, also found that a majority of respondents said the cost-cutting measures that they took during the recession and financial crisis had an adverse impact on employees' workloads, their ability to manage work-related stress and overall employee engagement. As a result, companies are beginning to reevaluate their reward and talent management programs, and how they attract, retain and motivate employees.
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Majority of Companies Worldwide Having Difficulty Attracting Critical-Skill and Talented Employees, Towers Watson Survey Finds - MarketWatch