TALENT RETENTION Ongoing Issue for AsiaPacific Region

The article reports on the study conducted by the International Survey Research Corp. (ISR), a global employee research and consulting firm, regarding talent retention in the companies across the Asia-Pacific region. Study shows that Australia, China, Malaysia, Singapore, and Thailand are five of the largest Asia-Pacific economies which have more than 3,000 employees classified as top talent. It has been found out that the region consists of talent-at-risk staff. However, majority of talent-at-risk staff will be leaving as soon as they have an acceptable new job offer, leading current employers at risk. Meanwhile, the Asia Pacific Economic Cooperation forecasts that labor migration issues in four of the cited countries will host education, training and labor reforms in 2007.