Yahoo CEO Marissa Mayer recently
brought in Jacqueline
Reses as a new EVP. A veteran of private equity firms, high tech and Goldman Sachs, Reses is as
high-powered an executive as you can find. What does Yahoo plan to do with
their new rock star? She will focus her energies on leading human resources and
Since we happen to be talent
management experts, we thought we would share what we think that Reses, as well
as leaders at other companies, need to know before taking on the task. PayScale's 2012 Compensation
Best Practices report reveals that, for the first time ever, executives’ number one HR concern is
retention. With wages
climbing and competition for talent increasing, retention is a great place to start.
Before you rush off and devise
efforts to raise your total retention rate, read on to learn about how
retention is more complicated than it used to be. Compensation is still the
key, but you need to be thoughtful and use the right data in your decisions.