It’s a new year and a fresh start full of new opportunities for everyone, including your employees.
According to Chris Woolard, Senior Consultant at Walker Information:
- 40% of employees say they evaluate their career at the beginning of a new year
- 32% say they’ll conduct a job search in 2008.
These stats are from Walker’s 2007 National Employee Loyalty Report. The study also found 44% of employees say there’s some likelihood they will not be working for the same employer in two years – this is up from 37% in the 2005 Report.
Granted, there are some people that employers would be happy to see leave. But the critical question is who among your better employees may be planning to exit? And what, if anything, are you doing to strengthen their loyalty and retention?