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Managers Fear Losing Top Talent

Published Monday Sep 28, 2020

Even in times of high unemployment, managers are concerned about retention and willing to pay more to recruit top talent, according to new research from Robert Half.

  • 88% of senior managers worry about losing top talent; 39% say salary reductions and freezes are to blame
  • 72% have maintained or increased compensation for new hires since the pandemic began
  • 36% are more likely to negotiate salary with new hires compared to one year ago

View a breakdown of the data for major U.S. cities:


Among senior managers surveyed in the Greater Boston market:

  • 87% worry about losing top talent
  • 38% say salary reductions and planned salary freezes are to blame
  • 38% are more likely to negotiate compensation with candidates than a year ago
  • 80% have maintained or upped pay for new hires since the pandemic began

The research also revealed two key trends:

Salaries are stable for current staff: Professionals with in-demand skills still have options. If employees feel underpaid, they could leave — and staff morale and productivity could suffer.

Salary prospects are brighter for certain professionals: As hiring resumes, companies will be competing to attract and secure top talent. Managers must be prepared to negotiate compensation and benefits.


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