First, the good news: the U.S. economy added a solid 196,000 jobs in March and unemployment is at 3.8 percent. The bad news: it is harder than ever to find and retain talented professionals. Job candidates have many choices and the tight labor market is a very real problem for anyone who is trying to attract and retain high-quality applicants.
A recent XpertHR survey found that 49 percent of HR professionals were very or extremely challenged when it came to increasing employee engagement, morale and satisfaction. The survey also found that 48 percent viewed retaining employees as very or extremely challenging and 46 percent viewed aligning talent retention strategy with business objectives as very or extremely challenging.