A niche-skilled resource is a professional who has specialized knowledge in a specific technology or possesses skills that are not widely available in the market. These resources are valuable assets to organizations; however, hiring and retaining them is a big challenge for most companies.
Niche-skilled resources are scarce and expensive. Moreover, they are at a higher risk of burnout due to excessive workload. Therefore, organizations must use effective retention strategies to keep their niche skilled employees engaged and prevent attrition. It can help them maximize the potential of these resources and ensure business success.