New research has suggested that employers need to maintain a focus on making employees feel engaged with their company, if they are to retain talent and remain as competitive as possible during the recession and beyond.
Conducted by an independent research company on behalf of Taleo Research, the ‘Engaging Times’ study found that of 1,020 workers surveyed, half feel that their career appraisals aren’t constructive and only 45% are aware of the job opportunities within their company.
According to the researchers such findings indicate that employee engagement strategies are not being implemented by many organisations and that visibility of personal career opportunities is needed to engage staff.
The report considers the engagement levels of UK employees and some of the factors that can influence employee engagement. Employees who have a restricted view of personal development, career progression and alternative job openings can struggle to see a future with their employer, according to Taleo. One in five employees said that despite the economic downturn, they are still interested in looking for a new job.
Alice Snell, Vice President of Taleo Research, commented:
“HR directors need to ensure a higher level of employee engagement in these challenging times. Otherwise they risk losing talented employees. In 2008, the average staff turnover rate in the UK was still 17.3%. If employees aren’t engaged, they will look for opportunities, especially among competitors that provide better assurances of a structured career path and job
“In the current climate, competition between companies to survive, succeed and grow will only become more intense. To improve employee engagement and productivity, organisations need to take action. Steps include ensuring employees can manage their career goals, have a clear career path, receive constructive appraisals and have good visibility into other job roles and promotion opportunities in the company. On top of these employee engagement benefits, this will also provide the employer with a strong and well structured employee base to grow from once an upturn starts.”