Where Is the Love?

It’s with 15 percent of employees, according to the Taleo Valentine’s Day study, now in its third year. In 2008, only 9 percent of employees loved their jobs, which means the number of lovestruck employees has increased by 40 percent.

Is it a trend? Maybe, but retention has become as important as ever. One-third (33 percent) of employees are open to looking for a new position right now, finds Taleo’s telephone survey, conducted in early 2010, of 1,209 full- or part-time workers 18 years of age and older. This number is down from 40 percent in 2009, but still robust. Furthermore, Taleo notes, 20 percent of job turnover last year was attributable to employees leaving their positions for new ones voluntarily.

That was during a major economic recession, by the way, and once again, we have proof that no matter the economic conditions, HR must pay attention to retention: The best and brightest talent can usually choose where to work in any economic climate, according to Taleo’s press statement about its Valentine’s Day study.

HR managers may visit The Retention Institute, one of RecruitingTrends.com’s sister sites, and learn the latest strategies and tactics designed to retain the very best employees.

Posted by RecruitingTrends.com on February 25, 2010. Filed under Data Watch. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry