80% employees to switch careers in 2015
Career development options need to be improved internally by organisations to prevent talent exodus, as 4 out of 5 employees are planning to pursue...
New Delhi: Career development options need to be improved internally by organisations to prevent talent exodus, as 4 out of 5 employees are planning to pursue new job opportunities in 2015, says a report. More than 80 per cent of North American employees plan to pursue new career opportunities in the coming year, according to a poll by Right Management, the global career experts within ManpowerGroup.
The findings of the report indicate a workforce that is dissatisfied with their careers. This dissatisfaction tends to negatively impact productivity and points to the need for organisations to provide more options for career development. "The improving economy brings about a renewed job confidence, which results in increased interest in career mobility. This requires employers to rethink how they motivate and challenge their employees to keep them engaged," Right Management executive vice president Bram Lowsky said.
According to the poll, only five per cent of employees intend to stay in their current position, while eight per cent indicate they would opportunistically make a change in 2015 and are already networking. "Although actual turnover rates are much lower, the desire to look for new challenges should serve as a red flag for organisations that want to retain employees. It's clear, organisations must improve career development options internally so they don't lose talent," Lowsky said.
Right Management, which provides expertise in aligning an organisation's talent strategy with their business strategy, surveyed 665 employees in the US and Canada via an online poll that ran from November 7 to December 11.