#talent-retention

#talent-retention

Flexible working is key to career development, enabling people to stay in tech while balancing personal needs, Sophie Weston said. In her talk at QCon London, she mentioned that flexibility widens the pool of potential talent and enables keeping the best talent. She also championed internal promotions and "squiggly careers," allowing role shifts, including in and out of management, to support long-term growth.

Milbank's decision to offer special summer bonuses ranging from $6,000 to $25,000 for associates reflects a strategic approach to attract and retain talent in a competitive legal market.

Three quarters (75%) of legal employees want support with energy bills or discount vouchers for food shopping as part of their workplace benefits packages.

Goldman Sachs is introducing a program for incoming junior bankers, allowing them to transition from investment banking roles to asset management roles within the bank after two years.

Many companies are facing an exodus of talent, particularly among neurodivergent professionals who report feeling unsupported. Immediate action is needed to address this crisis.

Businesses are now exploring the concept of 'total rewards,' a mix of monetary and non-monetary perks essential in today's competitive job market.

Bringing the outdoors inside has been shown to boost mood, creativity, and mental clarity.