Wednesday, July 17, 2013

Employee churn continues unabated | The Sauce | Bringing you the ...

Employee churn continues unabated

According to the 2013/14 Michael Page Australia Salary & Employment Forecast, many employees will leave their current role over the coming year to change jobs.

The survey, based on the responses of more than 1,800 employers across the professional sector, indicates that employers anticipate many motives for staff to leave their company in the next 12 months. This includes improving salary, as stated by 30% of surveyed employers, broadening experience/opportunity to learn (28%), gaining more seniority (13%) and achieving better work-life balance (10%).

?While hiring activity is likely to be subdued for the remainder of 2013 as some companies continue to implement restructuring plans to adjust to the current challenging market conditions, there will be a focus on replacement hiring,? said Mr Simon Meyer, managing director of PageGroup in Australia.

?Businesses need to remain focused on talent management to ensure their best employees are retained as conditions improve.?

According to surveyed employers, promoting a strong company culture is the most popular tool for attraction and retention (31%), followed by work-life balance options (21%). The most popular option to support work-life balance is flexible work arrangements (82%). Structured career progression (20%) and recognition and rewards (18%) are also highly ranked tools for attraction and retention.

For full story please visit http://www.tandlnews.com.au/2013/07/11/article/despite-increased-unemployment-rate-job-changing-will-continue/

Source: http://thesauce.net.au/employee-churn-continues-unabated/

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