People, more than products, are often the key to success for an organisation. So when an employee resigns, there are some questions you should consider the answers to - like why do employees leave, and just as importantly, what makes them stay?
The UK is currently in a skills short market. What’s less well known is that 70 per cent of employees are likely to look for a new job in 2016, which means it's more important than ever to review the salary and benefits packages you are offering your employees to be able to attract and retain top talent.
Sure, an element of employee turnover may be unavoidable. However the cost of recruiting, onboarding and training top talent should put the issue of employee retention firmly at the top of the human resources agenda.
View our slideshare to find out what employees are looking for from employers, and why they leave.
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The truth behind why employees leave
1. The truth behind
why employees
leave
The key to attracting and
retaining high calibre employees
in the UK
2. People – not products – are
ultimately behind the
success of an organisation.
Yet the value of staff
retention is often
overlooked in the corporate
world.
70%OF EMPLOYEES IN THE UK ARE
LIKELY TO LOOK FOR A NEW JOB IN
2016
Source: Independent survey commissioned by Robert Half among 1,000 UK
office workers in September 2015.
3. DISCOVER WHAT EMPLOYEES VALUE
TO FIND AND RETAIN TALENTED PEOPLE FOR YOUR TEAM!
The way people think about work and what
really matters in their job has changed
significantly over recent years.
So too have the reasons why candidates
choose an employer - and ultimately, why
employees leave.
BUT HOW?
4. 66%
50%
50%
Location/commute time
Job description/career advancement
THE TOP FOUR REASONS WHY A CANDIDATE WILL CHOOSE
TO WORK FOR YOU RATHER THAN YOUR COMPETITOR
TIP: Keep these priorities
front of mind and ask
yourself how you’re
communicating these
factors when attracting new
employees.
Higher base salary
49% Improved worklife balance
5. Nowadays, skilled talent is hard to find.
THAT SHOULD BE NO
SURPRISE TO YOU.
But do you know why employees
leave your company?
TOP THREE REASONS WHY
EMPLOYEES LEAVE:
1
2
3
Improved work-life balance
Higher remuneration
Career advancement
6. Employee job satisfaction
adds up to more than
money, and employers
are realising the value of
adopting a more creative
approach to employee
benefits.
EMPLOYEES ALSO
WANT…
• Career development
opportunities
• Flexible work hours
or telecommuting
7. 3 Wishes
If a genie appeared in front
of your employees to grant
three wishes, these would
be their choices:
1
2
3
More holiday/annual leave
More flexible working options
More professional development or
training opportunities
8. KEEP IN MIND THREE
IMPORTANT ACTIONS:
Whether your organisation is a national powerhouse or
a local small business, you could face an ongoing
challenge to retain the best and brightest talent.
9. 1
PAY ATTENTION
TO
SALARY
TRENDS
Keep abreast of salary and bonus trends
year after year with the Robert Half Salary
Guide, a comprehensive report on
remuneration and hiring trends with current
salary range tables.
10. Invest in skill enhancement and
make sure direct superiors are
committed to supporting career
progression.
2 ENCOURAGE
GROWTH
11. Fostering a culture where
open dialogue is welcome –
at all levels. It allows
employees to feel they are
making a meaningful
contribution to the
company.
3 BE ALL
EARS
12. WANT TO HEAR MORE ABOUT THE
SECRETS OF RETAINING AND
FINDING TALENT?
VISIT OUR BLOG
roberthalf.co.uk/blog
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