The average staff turnover each year is 20%, today it’s running at 30%, which suggests that something is very wrong. Even those who stay, for fear of being without an income as the threat of recession looms, are “coasting” more than usual, biding their time until they can find something better suited to their needs and priorities.
The upshot is that organizations have never had to try harder to be the place that people want to be, and where they want to and can give their best. The place where people feel seen and heard, valued, looked after, invested in. Somewhere they can thrive and have a bright future that aligns with who they are and the life that they want for themselves.
This is very evident from our research, which confirms that three things matter above all else at the moment when it comes to recruitment:
Sometimes referred to as “the deal,” this is about what a company is really like on the inside and how it feels to work there every day. While this includes the remuneration package, it’s just as much about who the boss is, how people are treated and what the culture is like. How flexible are the hours, days and location? What are the prospects for career development? Does this feel like a “good company” in terms of its purpose and impact on the world? Is it one that occupies a strong space in a thriving market?
Read the full report here