Numerous studies have shown that companies that excel at nurturing employees tend to be more profitable than their industry peers. But, like almost everything in business these days, the nature of what constitutes good human capital management is changing. This has many companies rethinking their entire approach to their workforce.
“We’re seeing a lot more interest in managing talent throughout the entire lifecycle of an employee’s relationship with an organization, from the time they’re hired until they separate from the company,” says Jim Holincheck, a managing vice president at Gartner, Inc., a Stamford, CT, research and advisory firm.
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