10 Facts You May Not Know

Every year, hundreds of HR-oriented studies are released, each with different (and sometimes conflicting) results, analysis and recommendations. Subjects range from the most pressing issues in the U.S. to applicant horror stories. Through a combination of first-tier research, a comprehensive assemblage of secondary sources and access to a vast peer network of experts and thought leaders, i4cp is a one-stop solution for executives and HR managers to cut through the clutter.
The Institute for Corporate Productivity (i4cp) has the largest research team dedicated to workforce productivity issues. Here’s a small sample of facts we’ve recently gathered: How many of these did you already know?

1. Seventy-two percent of mid- to high-level HR management professionals rank retaining talent as one of the five most important issues in 2008.
2. Fifty-one percent of U.S. and Canadian employers in a recent Mercer study said they intend to invest more in career development in 2008.
3. According to a 2007 Infohrm study, only 14% percent of organizations are prepared for “the impending loss of skills, corporate knowledge, and leadership that will occur in the next five years.”
4. Median voluntary turnover rates range from a low of 5% in Latin America to a high of 11% in the U.S., according to a Watson Wyatt study.
5. “Sleep deprivation may cost $15 billion a year in reduced productivity,” declared a January 2008 Wall Street Journal Online article.

Additionally, here are some other facts i4cp members are well aware of:

1. Fifty-five percent of i4cp members are in the Fortune 500. Thirty-two percent of members are in the Fortune 100
2. Formerly known as the Human Resource Institute, i4cp has been helping companies with their workforce productivity issues for over 40 years.
3. Three of the top 7 computer hardware manufacturers are i4cp members, while 3 of the top 8 computer services provides are members.
4. The cost of all six i4cp areas of focus (known as Pillars) is less than the average cost of a consultant, an employee’s salary or even just one of Corporate Executive Board’s comparable offerings.
5. i4cp’s research team adds over 10,000 pages of research a year to its database.