The Hay Group recently released a report into the increasing trend of staff moving during the economic recovery. The Loyalty Deficit states that 59% of staff are either considering leaving their current role in the near future or have accepted a job in another company.
A lack of employment engagement is cited as one of the main reasons for looking to move on. Only 58% of the 1,000 employees surveyed said that they were motivated to go beyond their formal job responsibilities. This is compared to 80% in surveys taken by the same group between 2003 and 2007.
Almost half (48%) said that their company was effective at motivating or engaging its employees. Talent Q solutions director Lucy Beaumont told HR magazine this could be avoided if employers considered candidates' potential alignment with their values at the recruitment stage.
"A lot of times companies will hire a candidate who has been performing well at another company but doesn't share the new company's values," she said. "This can lead to underperformance and frustration on both sides as neither party gets what it wanted from the arrangement."
The increase in turnover will lead to more recruitment activity in coming years. Beaumont said she hopes employers will see this an opportunity to use recruitment as an effective engagement tool. "I would like to think this will lead to organisations really looking to bring in the right people for the business, not just for the role," she said.
