Employees are growing unhappier by the minute.
Nearly one in three (32%) of workers is considering leaving his/her job, according to a recent Mercer Study of 2,400 U.S. workers. That’s a sharp increase from the 23% that said they’d leave their jobs in 2005.
Who’s the most likely to leave?
- Younger employees — 40% of those age 25 to 34 intend to quit, as well as 44% of employees 24 and younger.
- Men — 34% of men intend to leave their employers v. 30% of women.
- Managers — 37% of managers intend to look for work elsewhere v. 30% of non-managers.
Why are so many employees willing to leave their present jobs? Poor employee satisfaction is in four key areas:
- Retirement assistance — just 41% said their employers are doing enough to help them prepare for retirement.
- Health care — only 59% say they are happy with their medical benefits.
- Pay — just 53% are satisfied with their base pay, and only 46% feel their organization does a good job matching pay to performance.
- Career development opportunities — only 42% agree that promotions go to the most qualified employees in their organizations.
The industries most likely to see high turnover rates?
- Technology.
- Retail.
- Leisure.
- Media/telecom.
- Professional services.
- Transportation/shipping.
- Financial services.
