Employers and employees don’t necessarily see eye-to-eye about how to attract and retain employees, according to a new study. Among the findings:
- Employees rank salary and wages as the top reason they look for a new job. Only about half of employers (41%) say that this is why workers are leaving.
- The number two reason workers say they look for a new job involves benefits, but only 23% of employers agree.
- Employees rank career advancement and flexibility as the third and fourth reasons they look for new work, while only 33% of employers see career mobility as a concern and just 34% identify flexibility.
- 88% of executives say their company is experiencing higher turnover than nomal.
- 40% of marketing executives say that worker shortages are having a major negative impact on the customer experience.
- Women (46%) are more likely than men (34%) to be seeking higher salaries.
- Similar percentages (77% and 72%) of executives and employees agree that there is a high level of trust between leaders and workers.
- 79% of execs and 77% of employees say their leaders are inclusive.
The study authors say, “Companies have a tremendous opportunity to transform work. By redesigning work, you can help drive growth, better anticipate uncertainty, and create a workplace that top talent is eager to join.”
