According to a recent survey studying employee performance and retention, employers are more disconnected from their workforce than in the past.
A human resources solutions provider determined 77 percent of leaders did not consider worker retention a significant problem in 2011, but employers struggled to connect with employees, comprehend shifting generation values and conduct effective performance reviews.
Of businesses surveyed, nearly 70 percent were aware their employees are seeking higher pay, but only 17 percent have raised salaries or reinstated previous pay levels. At the same time, according to the researchers, more than half of employees are dissatisfied with their current job.
These employees are more likely to suffer from low morale and decreased productivity. The findings seem to tally with those of a recent CareerBuilder survey, which found 91 percent of employees were prepared to switch jobs and 55 percent of employers unaware of the fact.
"Employers are not recognizing that they have a retention problem, while employees are not only open to new job opportunities, but actively seeking them," said one member of the surveying firm. He cited strong leadership as a major factor in the solution, indicating flexible staffing, hiring assistance, training programs and other resources might help employers adjust to the situation.
