With the economy in a tailspin and a growing number of jobs at stake, the focus is now on employee retention of key people. Companies believe that a well-trained bunch of key personnel can be a key differentiator in tough times, when there is an onverall reduction in the headcount in a number of organizations.

It may seem counter-intuitive that companies will be investing in employee training during tough times, but as a recent article in Management Issues indicates, companies are indeed giving considerable importance to employee training. Project management and people management seem to be the areas that people seem to find the greatest difficulties with and thus require greatest amount of training on.

Read the complete article that gives more details on the need for employee training and other aspects of talent retention.