One Third of Your Employees Want to Quit
June 23 2011 by ChiefExecutive.net
Despite today’s uncertain employment climate, American employees are unhappy. Though you’d think that anyone would be thrilled to be employed (and crazy to quit), half of your employees don’t like their jobs and one third of your employees are seriously considering leaving. New research from Mercer, a consulting firm specializing in human resources, explores the psyche of the current American workforce. Industry Week explains some basics of Mercer’s new findings.
Mercer cites a few issues for this decrease in employee morale. First, the recession has caused companies to cut back on employment perks and benefits and second, employees feel as though they are not getting as much as they used to from their employers – the deal is not the same as it was when they took the job.
Here are some critical numbers from the report:
- 32% of employees are seriously considering quitting
- 40% of employees ages 25 to 34 are seriously considering quitting
- 56% of senior managers are considering quitting
Numbers are also indicative of the lack of employee engagement from those employees who have not considered whether to stay or whether to leave. Of these apathetic and unengaged employees (47% of employees, remember):
- 29% think their organization is well-managed
- 34% feel a strong commitment to their organization
- 50% feel they are treated fairly
These are large numbers; maybe it’s time to find out how your employees are faring.