Our Belief
One of the single most pressing issues faced by businesses today is attracting and retaining talents within the organisation. The loss of talented employees reduces an organisation’s human capital and weakens its competitive advantage. In today’s competitive environment, turnover rates are on the rise whether the economy is booming or falling as employees are mobile due to the impact of globalisation and advancement in information technology. Clearly, the turnover problem is not going away, however, it can be managed and controlled.
CandidateAsia believes that successful organisations start with effective retention strategies, which begin with hiring the right people the first time round. There is no easy fix for botched hiring decisions even though an organisation may have the best training programs, great rewards, or the most motivational leaders. The cost of undoing a bad hiring decision is often very costly in terms of time, money, training and loss of productivity. Due diligence at this early phase will increase the probability of employee retention down the road.