By Nankwanga Eunice Kasirye
Businesses across major African economies such
as Kenya and Nigeria are coming under increasing pressure to align
their strategies for retaining talent, compensating employees and engaging with
their workforce with good international practices.
Gerhard Hartman, Head of
Department for Sage Payroll & HR’s International Division says that African
companies are facing stiffer competition for skills as economies grow,
governments pump money into building infrastructure, and professionals are
lured into the Diaspora by the promise of big salaries paid in hard currencies.
A recent study conducted
by Ernst
& Young found that 70% of
African firms are recruiting yet many report that they are taking longer to
fill vacancies and experiencing higher staff turnover. The skills that are in
short demand include engineering, technical and commercial skills, partly
because of massive infrastructure products the continent.
It is observed that
there is a real hunger for skills in Africa, which means that businesses are
demanding that HR departments step up to the plate. They have to craft strategies
that help them to attract and retain the best talent, as well as develop human
resources in a manner that delivers a high return on investment to the
business. Focus should therefore be on sharpening capabilities.
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