Don't Neglect Your Finance Talent
In this article, APQC draws from the findings of its Future of Finance Talent study to discuss how leading organizations approach retention for finance employees. APQC found that organizations with the best finance talent management outcomes use a wider range of retention approaches than their peers and competitors. We highlight three practices in particular that are keys to success for retaining finance talent:
- Investing in training and development,
- assessing turnover risk and drivers, and
- prioritizing internal promotion.
After describing these and other key retention practices, APQC provides a case study example of what they look like in practice.