Businesses will have to work harder to align their reward & remuneration process with that of their nomination/talent management capability if they are to secure and retain the services of highly qualified and talented personnel.
As global competition and declining markets squeeze margins, the search for talent is becoming a top priority of the executive team.
South Africa and many other countries around the world have recently been hard hit with the loss of senior business and political leaders through resignations and untimely deaths.
Recruitment is often performed as a reactive task. In most cases a position develops or becomes vacant prompting HR practitioners to scout for talent outside company walls.
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