Dear CEO, perks alone won't keep top talent

Wages in the private sector have risen for the sixth month in a row as workers demand higher pay to help fight the soaring cost of living. FILE PHOTO | NMG

Corporate leaders are facing intense pressure to balance between attaining the bottom line, attracting and retaining talent. Employees are increasingly seeking workplaces where they feel treated as partners and cared for.

Job-hopping both at the executive and lower levels is a nightmare for company executives and human resource directors. Perks are no longer an assurance of retaining talent.

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