Talent wars loom as CEOs plan how to pay, retain top performers

CEOs are having sleepless nights drawing pay plans to fight the war. PHOTO | SHUTTERSTOCK

Local firms face new pressure to find, retain and manage their talent effectively as chief executive officers (CEOs) angle for growth in the next 12 months.

According to an October CEOs survey by the Central Bank of Kenya (CBK), the executives have listed talent management and developing reward strategies as the joint second driver for expansion within the period.

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Note: The results are not exact but very close to the actual.