The new war for talent has arrived for professional services firms. This is not surprising, given rebounds follow recessions and talent wars follow job cuts.
But this one is different. Covid has loosened the ties that bind employees to firms, and change and disruption is causing many to rethink work. In this white paper, we consider five strategies firms can adopt to retain talent.
Ray D'Cruz is CEO of Performance Leader. For 20 years he has consulted to professional firms across the world on strategic performance issues. His focus is helping his clients engage, recognise, reward and retain talent. Ray is a former lawyer and head of L&D. He is co-author (with colleague Michael Roch) on the upcoming Partner Remuneration Handbook to be published by Globe Law & Business.