20 August 2010 #Employment
The 2010 National Management Salary Survey conducted by CELRE has revealed an increase in resignations, despite growing fears over job security. More than half the 197 employers surveyed recognised that restructuring and job insecurity caused many of their staff to "jump ship". Over a third of the employers identified that their "failure to offer career opportunities and training" also contributed to employees leaving. Nearly two thirds admitted that their employees had been tempted away by head-hunters and recruitment consultants.
Ruth Spellman OBE, Chief Executive of the Chartered Management Institute (CMI), commented that, "with the latest figures showing that staff are prepared to run the risk of unemployment by jumping ship, questions must be asked about employee engagement levels in organisations up and down the country."
"It is clearly time for business to grow up. We can no longer afford to reward people with pay rise after pay rise especially as all the evidence suggests that money isn`t the main motivator anymore. Instead, employers must concentrate on building remuneration packages that incorporate earnings with development opportunities, offer flexible approaches to work and recognition of the need to better engage with staff."