AchieveNEXT 2022 Compensation Study

Difficulty in Attracting Talent

Difficulty in Attracting Talent

10% 15% 20% 25% 30% 35% 40% 45% 50%

50%

40%

30%

20%

Easy Somewhat E Somewhat D Difficult

10%

0% 5% 0%

3-5 Years of Experi nce

Hourly Positions

Top Leadership Positions

Middle Management

Techical/ Specialist

Easy

Somewhat Easy

Somewhat Difficult

Difficult

Unfortunately, the retention data show that middle market enterprises are having trouble holding on to the very people who are hardest to replace: technical and specialist workers and people with three to five years experience, the seasoned and expert employees who get things done. Top leadership is relatively easy to keep; only 14% report any degree of difficulty. (Clearly the compensation and incentive packages described above are successful in retaining executives.) By contrast, only about 7%—just one company in fourteen— finds it easy to hold onto technical and experienced employees, and nearly 60% find it at least somewhat difficult to keep this critical talent.

Difficulty in Retaining Talent

Difficulty in Retaining Talent

0% 10% 20% 30% 40% 50% 60% 60% 40% 20% 0%

Easy Somewhat Ea Somewhat D Difficult

Top Leadership Positions

Middle Management

3-5 Years of Experi nce

Hourly Positions

Technical/ Specialist

Easy

Somewhat Easy

Somewhat Difficult

Difficult

14 I 2021-2022 Mid-Market Talent Acquisition, Executive Compensation and Culture Study — Powered by Insperity

Made with FlippingBook Learn more on our blog