The employers best positioned to take advantage of the economic recovery will include those that integrate their physical health initiatives with employee engagement strategies, says Right Management regional general manager Bridget Beattie.
To avoid being left with poor performers, employers must take stock now of the valuable talent likely to jump ship when the employment market picks up, says the national director of psychometric consulting company SHL, Stephanie Christopher.
The GFC has caused many baby boomers to rethink their retirement plans, creating opportunities for employers to benefit from their unique knowledge and experience for longer - if they can keep them engaged - says Nola Charkos, corporate consultant for ipac consulting.
The economic recovery will hit employers "like a tsunami", says human capital consultant Anthony Sork. Employers acting too late to stop the exodus of their workers must focus on attaching and on-boarding their replacement recruits.