L&DI Blog & News

The Learning & Development Institute, founded in 1969, is the professional body representing members concerned with Learning and Talent Development in Ireland.

Back to Blog

Attracting and Retaining Talent – Recent International Evidence

By Gerard Walker, Future Jobs-Skills-Work Insights 

Attracting and retaining talent is essential for business competitiveness. Excessive employee turnover results in a loss of expertise as well as significant replacement costs for employers. It results in firms under-investing in the development of their own employees and instead sourcing talent from other firms. The OECD report “Retaining Talent of all Ages” will be of interest to L&D professionals. It presents evidence of international trends in job tenure and employee turnover. Key employer and public policies are identified that support increased employee retention including training and skills development, better working conditions, and promoting well-being in the workplace. The evidence is that people are now switching their jobs more often in the majority of OECD countries. Average job tenures have declined across all age groups and for men and women. In Ireland, average, job tenures have decreased by 16% over the last fivefalse

There's more of this article to read

L&DI members get access to the full version of our blog posts.

Other topics to explore

All Topics News work learning development skills teams brain business upskilling research AI Budget National Skills Council conference hybrid talent Philips ROI PowerPoint Springboard+ apprentice awareness brand bullying change disability erasmus graduation leaders masters memory micro credentials partnership retention return on investment storytelling training
arrows-top