Malta businesses need to respond now to prepare for massive changes to the HR challenges they will face to recruit and retain talented employees during this decade. That’s the message from pension experts at STM Malta Pension Services Limited, who are highlighting the future impact of massive demographic changes.
Managing director Deborah Schembri said that talent retention has always been essential for any successful business, but it’s going to be even more important in this decade and beyond because as the proportion of the economically active age group shrinks, it’s going to make it increasingly difficult to replace talented employees who leave.
STM Group plc (LON:STM) is a multi-jurisdictional financial services group listed on the Alternative Investment Market of the London Stock Exchange. The Group was formed as a strategic investment company specifically to build a leading financial services group originally operating in the international corporate and trustee service provider (CTSPs) sector.