One in five employees, 21%, plan to leave their current employers in 2016, according to an on-line survey by Harris Poll on behalf of CareerBuilder.
Looking at workers between 18 and 34 years old, 30% expect to have a new job by the end of 2016. The survey also found that 34% of employees are regularly searching for job opportunities, even though they are currently employed.
“Just because a person is satisfied with their job doesn’t necessarily mean they aren’t looking for new work,” said Rosemary Haefner, Chief Human Resources Officer at CareerBuilder. “Because of this, it is critical to keep up with your employees’ needs and continue to challenge them with work they feel is meaningful.”
What Workers Are Looking For?
When asked what factors rank as more important than salary when considering a position, employees said:
• Job stability: 65%
• Affordable benefits: 59%
• Location: 56%
• Good boss: 51%
• Good work culture: 46%
When asked if they could choose extra perks to make their workplace more satisfying, the most popular choices workers pointed to include:
• Half-day Fridays: 38%
• On-site fitness center: 23%
• Daily catered lunches: 22%
• Massages: 18%
• Being able to wear jeans: 16%
What Can Employers Do?
Traditional rewards aren’t always as effective as we think. It is important to understand that extrinsic and intrinsic motivations are not equal. Intrinsic motivators have a profoundly greater effect on engagement, it’s through intrinsic interests that people achieve great things.
Rather than using gimmicks and programs that sound good on the surface but offer little in the way of real substance, take the time to create an environment and culture that is challenging, encourages employees to better themselves, provides a sense of accomplishment and where employees experience success regularly.
At New Era HR Solutions we espouse the belief that only employees who are intrinsically motivated to be engaged in work will end up truly challenged, enriched, energized and ultimately fulfilled by their experience.
Yes it’s an ideal, but it’s worth keeping in mind.