Employers that take a broader view of the employee experience beyond pay are more likely to retain talented employees. new research suggests. In a study of European economies by Towers Watson, countries with higher GDP growth tend also to have higher levels of employee attrition, The General Industry Compensation Survey Report findings also show little evidence to suggest that countries with high real-wage growth (i.e. salary increases minus inflation) are able to use that to secure higher levels of employee retention. The research proves that with the emergence of a strengthening employment market means employers will have to work harder to ensure that non-pay related benefits such as an attractive working environment and plenty of opportunities for career advancement are available to attract and retain talent. (more…)

Consultancy firm Bain & Company has topped the list of the 50 best places to work in the US. The top five companies in the annual Employees’ Choice Awards, compiled by careers specialist Glassdoor includes the three leading social media companies, Twitter, Linkedin and Facebook, which came in fifth, just behind Eastman Chemical. The Employees’ Choice Awards rely solely on the input of employees who elect to provide feedback about their job, work environment and company, via Glassdoor’s anonymous online company review survey. Employees are asked to rate how satisfied they are with their company overall, how they feel their CEO is leading the company, as well as key workplace attributes like career opportunities, compensation and benefits, culture and values, senior management and work-life balance.

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A counterproductive “them and us” mentality is being bred in too many of the UK’s workplaces, as more than one in three employees report that their level of trust in senior managers is weak (34%), According to the latest research by the CIPD, while an overwhelming majority report that they trust in their colleagues and line managers to some or a great extent (92% and 80% respectively), trust ratings increase with an employee’s seniority, with senior managers much more likely to report strong trust between employees and senior management than non-managerial workers. Creating a better level of trust isn’t difficult however, with the majority of employees pointing to simple and effective practices such as ‘approachable’, ‘competent’  and ‘consistent leaders’ who ‘act with honesty and integrity’ and ‘lead by example’. (more…)

Business has been fighting a PR battle in recent years to convince us that ethics and corporate social responsibility is of equal importance to the bottom line. However, when it comes to individual behaviour it seems that managers are far from practising what their employers’ preach. Bosses are  much more likely than other staff to ditch ethics to get ahead in their career (29.4% compared to 13.3%), yet at the same time are more likely than other staff to think it is important to be seen as ethical at work (66.4% compared to 54.0%). According to the research from CMI (Chartered Management Institute) 35.4 per cent of managers bend the truth once a day or more, compared to 25.3 per cent of other workers. (more…)

A staggering 92 per cent of Generation Y workers believe their role directly contributes to their organisation’s success. According to a poll of 1,120 UK office workers by recruitment solutions provider hyphen, younger workers in the UK feel more empowered and positive than ever about their workplace. Nearly two thirds (62.9%) of those aged 25-34 are proud to work for their current organisation and 81.8 per cent believe their colleagues and managers seek their opinion and listen to their views, up 16 per cent from March 2013. While the attitudes among younger workers are positive, the research suggests that older workers are feeling less optimistic – 15.9 per cent said they were not proud to work in their organisation – up nearly 8 per cent from March 2013. (more…)