April 13, 2018
Lack of effort by UK employers to retain staff is increasing talent turnover
UK employers are facing increasing levels of staff turnover with one in seven (14 percent), or roughly 4.5 million employees predicted to seek a new job in near future, according to research carried out by Robert Half UK. Employers have registered this shift with almost three in five (61 percent) reporting an increase in voluntary employee turnover in the last three years. The research also showed that over half (51 percent) expect employee turnover to increase in the next three years. Yet many businesses still fail to employ basic retention initiatives. Only half (47 percent) of organisations run training and development programmes to help build employees’ skills and support career development, while most don’t have any programmes in place to support employee wellbeing or reward performance. Organisations are also missing out on valuable insight from their departing employees, with more than four in five (83 percent) failing to undertake exit interviews.
November 6, 2017
Time to address the missed opportunities and wasted resources of the modern workplace
by Chris Moriarty • Comment, Wellbeing, Workplace design
Rapidly changing work and workplaces. Productivity languishing below optimum levels. Staff engagement well below where it should be. Ongoing recruitment and retention challenges. All this has been building over the last couple of years; it would appear that organisations have never had it so tough. There have been plenty of tough times before, of course, but we have been witnessing something of a ‘perfect storm’ in recent months, where a whole range of issues and developments, as well as advancements and opportunities, have come together to push these challenges up the management agenda. But there are things we can do to make the workplace a better experience for everybody.
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