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Most executives (76 percent) are willing to sweeten the pot to avoid losing their best employees when economic conditions improve, suggests a new Accountemps survey. Half of chief financial officers (CFOs) interviewed said they plan to promote top performers once the economy recovers, and 48 percent plan to give raises. The survey was developed by [...]

Max Messmer, chairman and CEO of Robert Half International, states “Companies that lose top performers may not only experience declines in productivity but also incur significant costs in replacing these professionals.”  The cost of unwanted turnover can be 1.5 times an employee’s annual salary. Many talented employees leave organizations because they were either miscast for [...]

Many managers underestimate the power of a pat on the back, new research suggests. While supervisors surveyed rated job promotions and cash as the two most valued forms of recognition to administrative professionals, support staff favored a simple thank-you and having their accomplishments passed on to senior management. The study was developed by OfficeTeam and [...]