Keeping your employees sweet

Companies across Europe are doing an uneven job in keeping their staff motivated. A new study by research consultancy ISR found that UK companies were the worst offenders, with one in four employees saying that they were seriously considering leaving their job.

by ISR
Last Updated: 17 Jun 2016

The study suggests that in high performing companies, 13% of employees would hold that view. A much higher proportion would suggest that companies are not offering adequate career development opportunities, which could ultimately damage a company's performance.

"Our research suggest that a workplace culture in which people can maximise their potential is still largely absent," notes Nick Thatchell, senior project director at ISR. "Without it, there is high risk that people will either put minimum levels of effort or look for opportunities elsewhere."

But not all countries fare badly. In Germany, only 10% of employees are considering leaving their job, which is below the level of high performing companies. France, Italy, Spain and the Netherlands all hovered around the 13% benchmark.

ISR also found that a large proportion of people didn't think their company were doing a good job at retaining their most talented people. The proportion in high-performing companies was 29%, but close to 50% in both France and the UK. Germany again fared best, with only 34% holding that view.

This type of perception is likely to be more acute in countries where the labour market is buoyant, hence offering easy alternatives. But employers should put talent retention at the top of their agenda: not only would this prevent them from losing valuable assets, it would also ensure employees are fully satisfied and work hard in their jobs. This could be a company's key to success.

Source: ISR
www.isrinsight.com

Review by Emilie Filou

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