News: Employees value work over retention initiatives

#Updates

Employees value work over retention initiatives

Consulting firm Deloitte has come out with a survey on talent priorities titled Talent 2020, which reveals that employees value meaningful work over other retention initiatives. The survey explored changing talent priorities in all industries in regions like America, Asia Pacific, Europe, the Middle East, and Africa. A majority (42 percent) of surveyed respondents seeking new employment opportunities believed that their job did not make good use of their skills and abilities. Trust in leadership emerged as an important retention factor and a critical component of job satisfaction. 22 percent of respondents cited dissatisfaction with their manager or supervisor as the top reason to look for a new job. The report stated that effective retention strategies should be aligned with the needs and desires of critical talent, especially when they belong to groups with a high risk of turnover.

Consulting firm Deloitte has come out with a survey on talent priorities titled Talent 2020, which reveals that employees value meaningful work over other retention initiatives. The survey explored changing talent priorities in all industries in regions like America, Asia Pacific, Europe, the Middle East, and Africa. A majority (42 percent) of surveyed respondents seeking new employment opportunities believed that their job did not make good use of their skills and abilities. Trust in leadership emerged as an important retention factor and a critical component of job satisfaction. 22 percent of respondents cited dissatisfaction with their manager or supervisor as the top reason to look for a new job. The report stated that effective retention strategies should be aligned with the needs and desires of critical talent, especially when they belong to groups with a high risk of turnover.

Source: The Economic Times

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Topics: #Updates, Employee Engagement

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