Retention in the Face of Recovery

Companies seeking to retain employees as the economic recovery begins should start addressing three key areas of dissatisfaction: compensation, career growth paths, and retention efforts, according to Adecco Group North America’s American Workplace Insights Survey.

In fact, 78% of American workers are dissatisfied with their company’s overall retention efforts, 76% are not satisfied about future career growth opportunities, and 66% are dissatisfied with their compensation, the survey reveals.

Just under half (48%) of workers claim they are unhappy with the relationship they have with their boss and 59% state they are not satisfied with the level of support they receive from their colleagues. More than three-quarters of workers say (77%) they are dissatisfied with their company’s strategy, vision, and leadership.

The survey recommends that employers be more visible in their retention efforts and reward programs, as well as communicating a growth path for their employees.

Posted by RecruitingTrends.com on November 13, 2009. Filed under Data Watch, Recruiting, Retention. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry