The Battle for Top Talent is Heating Up

According to a recent study by IDC (www.idc.com), a provider of market intelligence, advisory services and events for the technology market, this will be a pivotal year for WPM. Why? Because the battle for talent is on. That includes retaining top performers and attracting new ones. The study finds that WPM is the fastest-growing segment of the rising talent management market. Companies are getting a boost from WPM software and services, and IDC forecasts that worldwide WPM-service spending will experience a compound annual growth rate of 16.3 percent from 2006 to 2010.

"The war for talent is re-emerging, and firms are recognizing they're competing for a high performing workforce, says Lisa Rowan, program manager for IDC's HR and talent management services.

— J.D.


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