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How to develop a retention strategy in COVID-19

Kirk Kruger by Kirk Kruger
May 18, 2022
in Article, Learning and Performance
Reading Time: 1 min read
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Developing a retention strategy in COVID-19
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Many may think that the economic pressures resulting from COVID-19 and the resulting retrenchments have made it easier to retain top talent who do not want to risk moving during uncertain times, but this is not necessarily the case.

According to Brian Kropp, Head of HR Research at Gartner, high-performers may look to exit if opportunities are fewer and cutbacks are made. He adds that “high-performers are typically the ones asked to take on more work and responsibilities during such times without any corresponding increase in pay”. 

Companies should now, more than ever, be very clear on a retention strategy for their top talent.

 

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Kirk Kruger

Kirk Kruger

Kirk is an experienced reward professional with implementation success in all forms of reward. He has worked in multiple sectors of the economy and at a Pan-African level. He is experienced in the design and implementation of reward strategies, guaranteed pay programmes, short and long-term incentive programmes, reward processes, executive remuneration, and remuneration committees.

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