Research carried out by Investors in People revealed the following:-
- A 10% rise in employees looking for a move.
- An increase of 5.85% in employees who believe the job market has improved.
- A 4% drop in employees who are happy with their current job.
While these figures may not come as a surprise, coupled with this are soaring absenteeism levels, equating to £30 billion per year or 7 days for each employee per year.
Put the two together and the pressure for HR to fine tune talent acquisition and employee retention strategies intensifies. At the same time it must also embrace ongoing changes in an increasingly complex landscape.
The winners in the race to prevent the employee exodus have one vital tool at their disposal – sophisticated recruiting software.
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