Keeping Your Best People — Some Changes to Consider
Published November 29, 2022 at 1:51 PM · News Releases and Bulletins
Keeping Your Best People — Some Changes to Consider
We’re all aware of the Great Resignation. From mid-pandemic onward people quit their jobs in droves. Some left for greener pastures while others just left.
A huge percentage didn’t feel appreciated.
Companies have struggled to keep their best people and — according to a study by the University of Phoenix — though they haven’t left yet, many people in those companies are looking to leave.
*28% say they would leave their current job without having another job set up
*69% of that 28% said they’d think seriously about staying if their employer fixed some things
The University of Phoenix’s 2022 Career Optimism Index Study broke the 28% down even more:
*29% do manual work
*31% are in direct services
*22% work in offices
All that aside, the survey said a huge percentage of workers are actively looking for work now, or they’re going to be doing so in the next six months:
*52% are actively looking for work now or will be in the next 6 months
*77% said they are ready to job hunt right now if the need arises
*81% of Generation Z (up to age 25) workers are looking
*73% of black Americans are looking
*61% of those with an annual income of under $50,000 are looking
These are changes the university’s Optimism Index says employers could make current employees happy and keep them:
Job security
*52% of workers see themselves as easily replaced
*41% worry about losing their job
An emphasis on mental health support
*85% of employers say their employees have access to mental health resources
*Less than 50% of employees have taken advantage of those programs for stress management
Workplace advocacy
* Just 63% of employees say they have an advocate in their professional life
Training opportunities
*500 employers were surveyed on their perception of life in the company
*Their responses were compared to employee answers
*89% of employers think they provide plenty of opportunity for an employee to advance their skills
*Just 61% of employees say that is true
More compensation
*Just under half of employees are unsatisfied with their compensation
*56% of employees say they live paycheck-to-paycheck
