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Study Shows Perks, Not Pay is Key to Attracting Talented Workers

March 6th, 2008 (10:00am) Jason Harris 26 Comments

Flickr imageA key issue staring companies directly in the eye is the ability to acquire and retain highly qualified workers.  This is especially true in the coming years as a main chunk of the workforce, the baby boomer generation, transitions into retirement.  As the baby boomers trade the day-to-day job in for their first Buick, they leave behind many job roles and responsibilities that Human Resources departments must backfill.

Deloitte LLP conducted a survey amongst technology and telecommunications workers to help figure out what keys points recruiters and HR should focus on in attracting and retaining talented workers.  Outside observers might jump to conclusions and quickly say more money is required.  However, the study shows that flexible working schedules and flexible working environments are more persuasive that financial compensation.

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