What’s Being Done to Keep Good People

Retention & Engagement

May 12, 2011

This article is part of a series called News & Trends.

Buck Consultants asked 91 companies what they’re doing to retain top performers. In a nutshell:

New career development opportunities	41%
Market pay adjustments	30%
Larger base pay increases	24%
Larger bonus opportunities	21%
More non-cash recognition	18%
Additional company stock	13%
Accelerated or off-cycle base pay increases	5%
Accelerated promotions	4%
Greater retention bonuses	2%
Other	7%
None of the above	31%

Industry varied, as did company size. About 14% of respondents had less than 500 employees; 6% had 500-1,000 employees; 36% had 1,001 to 5,000; 14% 5,001 to 10,000; 31% more than 10,000.

This article is part of a series called News & Trends.

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