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Thursday - 9 Feb 2012

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Job Satisfaction and Retention Survey
Human Resources » Attrition and Retention


Chrm Message From: jagadish Total Posts: 41 Join Date: 30/09/2006
Rank: Executive Post Date: 30/08/2010 10:19:38 Points: 205 Location: United States

Dear All,

A Survey conducted by an international consulting organization shows  major shifts in Job Satisfaction and Employee Retention. An extract of the survey shows the major reasons employees will stay  or leave their employers as the economy improves. Over 455 individuals responded. 
 
Some of the Questions Answered in the Survey are  
 
· Do you feel your organization is concerned about your well being? 
· How would you rate the supervisors you work for now? 
· What are the reasons you STAY at your present job? 
· What are the primary reasons you would LEAVE your present  employer for another? 
· How important is feeling appreciated for your work by  your coworkers and supervisors? 
. Are you presently considering leaving your job for another? 

The last time this survey was conducted was in 2001. This year the  survey was expanded to include two variations -- a General Business and a Healthcare version.  Overall, the survey noted significant changes between 2001 and this year. 
 
Key Findings 
 
· Show me the money. In 2001, "challenging job assignments"  was the number one reason people would STAY at their present  job. In 2004, "salary" has become the top issue. 
 
· Jumping ship. The number of people considering leaving  their current employer for another has increased since our  first survey. In 2004, forty-eight percent said definitely  "yes," or "maybe." 
 
· Job dissatisfaction. "Poor communication" and "lack  of appreciation" create the greatest dissatisfaction at work. 
 
· Untapped potential. Seventy percent of the respondents  indicated they could improve their productivity by 30-60  percent, if asked for their suggestions by management. 
 
For me issues no. 3 Job dissatisfaction & 4 Untapped potential are  very vital to address, in every organization. Wonder what the other  opinions would we get from the group. That's something for thinking isn't it.

Source : Charter Your Career

Regards,

Jagadish

Chrm Message From: ekta.tr Total Posts: 18 Join Date: 30/09/2006  
Rank: Executive Post Date: 30/08/2010 10:21:08 Points: 90 Location: United States

Hi All,

I completely agree with Mr. Jagadish in this regard.. Company can do least for the employees who are working in their present companies only because of the salary.

But Management of the company can do a lot more than we imagine to reduce Job dissatisfaction & Untapped potential.

As the employees of the company have every right to be appreciated for the work they have done. This increases their loyalty toward the organization. They should be treated fairly well as its the characteristic of every human being to expect the appreciation for
the good work they have done. Its very important for the management to communicate effectively with employees and provide proper feedback. This will reduce the communication gap between the employer and an employee.

Any other views on this ???

Ekta

Chrm Message From: shantanuji Total Posts: 20 Join Date: 30/09/2006  
Rank: Executive Post Date: 30/08/2010 10:22:17 Points: 100 Location: United States

Team,

First and foremost, all those who are part of an organization, in whatever capacity, from CEO to a simple Clerk, should be in 'harmony with each other' on atleast any one point or the other [if not on optimum / maximum number of points]. If only the core management [involved in organizational processes across functions and made up of staff at all levels] along with top management [promoters] can make happen this 'harmonious' environment, then organizations can live without the fear of 'gaurding their borders' from staff attrition.

Building harmonious environment is all about 'best practices in management' and this can very well flow horzontally and vertically all the ways down levels and across functions. Just as it is with 'Nature'.

HR like IT [by its intrinsic nature of being applied across fuctions and levels] can play a vital and strategic role in manifesting this 'harmony' in an organization.

Once the root cause is taken care of, everything else like 'miracle' fall in to its rightful place and ........whether you beleive it or not!

HR as the multiple set of keys and Mentoring as the multi-faceted master key can trun around a failing organization towards the right path for success.

How it can happen is just a matter of 'attention to details'.

shantanuji

 
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