Firms that actively promote talented employees outperform their rivals by almost 70 per cent, a study by Jackson Samuel has revealed. Jackson Samuel, a talent management consultancy, surveyed 58 human resource managers and a number of managing directors to garner an overall picture of the UK's talent promotion. This revealed that those firms who did not actively promote talented individuals on their staff had a total market capitalisation of £177.1 billion and generated an overall shareholder return of 78.5 per cent. However, firms who do actively promote talented employees report a market capitalisation close to £300 billion and generated an average shareholder return of 145 per cent. Lesley Uren, chief executive of Jackson Samuel, said: "This report suggests that many chief executives are simply devolving their responsibilities when it comes to senior level appointments. "We compared total shareholder return across the 58 companies and it is crystal clear that those companies where the chief executive is taking a lead in terms of managing talent are returning significantly better value to shareholders."
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