When an individual moves into a new role, or even to a different department, the organization retains all the hidden benefits of keeping established staff.
Despite tepid growth, and even declines, in sectors such as retail, hiring in healthcare, leisure and hospitality, government, and manufacturing drove a gain in payrolls last month.
IBM's recent announcement that it is switching to a "hybrid" model of defined-benefit plan could make the case that bringing back a modern take on the classic retirement benefit could support retention in a tight labor market.
