Analysis

2014 Global Top Five Total Rewards Priorities Survey

The 2014 Global Top Five Rewards Priorities Survey suggests that employers around the world face similar challenges despite different political and geographic climates.

Insights

Beyond retention

Build passion and purpose

Survey respondents say retention and engagement is the second biggest human capital challenge they face (after leadership gaps). What’s the secret to becoming a “talent magnet” in the coming years?

Retention and engagement was the No. 2 priority by all organizations in our global survey, rated even higher in priority by business leaders than HR. Meeting the challenge, however, is no small feat. Employees today (particularly Millennials) are looking for employers that inspire passion and allow them to fulfill their professional, personal, and social goals. They no longer look for a lifelong career with one employer, but rather see each job as a “tour of duty.”

To be seen as an employer of choice, companies should shift away from a traditional focus on “engagement” and “keeping people from leaving” toward a focus on “attracting and inspiring people” by delivering a fulfilling work experience that aligns personal and corporate goals. Read how companies are rethinking the decades-old engagement problem and moving far away from the annual survey toward an environment that fosters ongoing passion and commitment.

Meet the authors

Cathy Benko

Cathy Benko

Vice Chairman and Managing Principal

Cathy is internationally-renowned for being among ...More

John Hagel

John Hagel

Co-Chairman, Center for the Edge

John Hagel has nearly 30 years’ experience as a ma...More

Jungle Wong

Jungle Wong

Human Capital Leader, Asia Pacific

Jungle is a Partner with Deloitte Consulting China...More

Robin Erickson

Robin Erickson

Vice President

Robin leads Bersin by Deloitte’s Talent Acquisitio...More

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Global Human Capital Leader -Marketing, Eminence

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