Tag #Talent Retention

Showing 13 to 14 of 14 results

euronews.com

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Dec 19, 07:06

Portugal's Brain Drain: Tax Cuts Fail to Stop Emigration

Portugal's brain drain sees 30% of its youth living abroad due to low wages and poor conditions; while the government offers tax cuts, initiatives like the EU's Talent Promotion Mechanism are building a new hospital in Évora to create 2,000 jobs and retain skilled workers.

Portugal's Brain Drain: Tax Cuts Fail to Stop Emigration

Portugal's brain drain sees 30% of its youth living abroad due to low wages and poor conditions; while the government offers tax cuts, initiatives like the EU's Talent Promotion Mechanism are building a new hospital in Évora to create 2,000 jobs and retain skilled workers.

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What are the key factors driving the brain drain in Portugal, and what immediate consequences are resulting from this trend?

Portugal faces a significant brain drain, with 30% of young people living abroad and 70% of Portuguese emigrants under 40. The government's tax cut plan for young workers hasn't stemmed this outflow, as exemplified by two young lawyers moving to East Timor for better opportunities. This highlights the challenges of attracting and retaining skilled workers in regions with low wages and poor working conditions.

forbes.com

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Dec 1, 16:56

ERGs: A Strategic Lever for Talent Retention in a Paradoxical Job Market

Amidst record job searches and low unemployment, companies are strategically leveraging Employee Resource Groups (ERGs) for talent retention, shifting their focus from community support to active problem-solving and innovation, recognizing their value in addressing the talent-hungry market and impro...

ERGs: A Strategic Lever for Talent Retention in a Paradoxical Job Market

Amidst record job searches and low unemployment, companies are strategically leveraging Employee Resource Groups (ERGs) for talent retention, shifting their focus from community support to active problem-solving and innovation, recognizing their value in addressing the talent-hungry market and impro...

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What is the impact of the current paradoxical labor market on companies' ability to retain top talent?

The U.S. job market shows low unemployment alongside record job searches, creating challenges for attracting and retaining talent. Companies increasingly see Employee Resource Groups (ERGs) as crucial for talent retention, shifting from community support systems to strategic business partners. This pivot is driven by the need to address talent shortages and foster innovation.

Showing 13 to 14 of 14 results