How firms can attract top talent: The growing influence of non-financial rewards

Abstract

Purpose

This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting-edge research and case studies.

Design/methodology/approach

This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context.

Findings

The late Steve Jobs once said that hiring the best people was a massive factor in his own success. Indeed, the Apple co-founder admitted going to “exceptional lengths” to get the right talent on board. Few will question the rationale of such an approach. After all, plenty evidence shows that talented employees invariably play a considerable role in organizational success. Engaging and retaining key workers figures prominently on the agenda of many firms. That’s hardly surprising. But the increasingly global nature of business means that its importance has become even greater. More and more competitors are entering the fray and stretching an already limited talent pool. Companies able to boast such assets have to pull out all the stops to keep hold of them.

Practical implications

The paper provides strategic insights and practical thinking that have influenced some of the world’s leading organizations.

Originality/value

The briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy-to-digest format.

Citation

(2016), "How firms can attract top talent: The growing influence of non-financial rewards", Human Resource Management International Digest, Vol. 24 No. 1, pp. 24-26. https://doi.org/10.1108/HRMID-10-2015-0156