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The Possibility Board™

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Employee Engagement & Talent Retention – The Revolving Door!

According to a study conducted by Blessing White, 45% of workers in the US are either “likely” or “definitely planning” on leaving their jobs in the next 12 months.  Another study conducted by MetLife suggests something similar in that one in three hopes to find a new job in the next 12 months.  What is quite ironic with both of these studies, is that it comes at a time when unemployment is at an all time high.  However, according to another study conducted by career website Glassdoor.com, four in ten self              employed, full-time and part-time workers actually believe it is “likely” they’ll find a job that matches their experience and salary expectations in the next six months.

So what is happening here?  In reality, rather than there being any net growth in employment people are simply “switching” jobs.  Person X leave one company and this creates an opening for Person Y.  Person Y leaves their job and creates an opening for Person Z and so.   Recruitment professionals love it!  In addition, it is also been driven by a growing tendency to simply seek alternative employment if you are not happy.  This measure of “happiness”, which covers many factors such as motivation, interpersonal relationships, challenge, compensation, etc, can be summarized in the degree to which employees feel ENGAGED.

Employee engagement is the collective level of intellectual and emotional commitment staff or associates have toward their work and organization.   It has become a major strategic challenge for business leadership as they struggle to retain key talent on whom they have spent heavily in terms of recruitment and training.  They rise to a level of proficiency and fit for the organization and then they move; and so the process starts all over again with a new hire.  It’s like a revolving door!

About Bill Sex

Bill Sex is President of New England Coaching and specializes in supporting personal, professional and organizational advancement with specific emphasis on coaching skills, emotional intelligence and employee engagement / motivation.

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