Satisfied employees still pose major flight risk

Even employees who are happy in their jobs are looking to jump ship, says new survey, management must shift strategies

Insurance News

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Management must adapt its strategies to suit an increasingly restless workforce or risk losing even the most satisfied employees – at least that’s according to one industry expert and a recent Mercer survey.

The latest study revealed that 45 percent of “satisfied” employees admitted they were “seriously considering the same, while 42 percent of “very satisfied” employees said the same.

The Mercery survey, Inside Employees’ Minds, also found that 37 percent of all workers — regardless of their satisfaction level — are seriously considering leaving their jobs. That’s up from 33 percent in 2011. 

Top risk 

Worryingly, it seems the most senior people pose the biggest risk – 63 percent of senior managers surveyed said they’re seriously considering leaving their current roles. This is in contrast to just 39 percent of management-level employees and 32 percent of non-management workers who expressed the same desire.

In terms of age, millennials are most keen to leave – 44 percent of workers aged 18-34 said they were seriously considering leaving while just 14 percent of seniors (65+) said the same.

Talent business leader Patrick Tomlinson claims the responsibility lies with management to improve the situation. “Employers need to shift their talent strategies to understand the modern terms of engagement from the most productive employees,” he said.

New management approach 

“If employers want to remain competitive in today’s market, they need to create a strategic workforce plan — one that aligns to an evolved value proposition — based on the dynamics of this rapidly changing  talent landscape,” he said.  
 
“The future of successful work relationships between employer and employee will depend on the trifecta of health, wealth and career — and how you make them all flexible to reflect the way people want to work today and what they are looking for in the employment relationship.”

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