Missed Signals


CAREERS AND RECRUITING
A dissatisfaction disconnect between employees and management could be costing companies valuable talent.

According to the Global Strategic Rewards study by Watson Wyatt, a global consulting firm, and WorldatWork, an international association of human resource professionals, the U.S. has the highest median turnover rate, at 11%.

But efforts to retain top-performing employees may be undercut by misunderstandings of employee priorities. When ranking reasons to leave their current company, employees cited stress as No. 1—not even a top five reason employers gave for why their workers would leave.

Reason for Leaving Current Company

Rank Empoyee View Employer View
1 Stress levels Base pay
2 Base pay Career development
opportunities
3 Promotion opportunity Promotion opportunity
4 Career development
opportunities
Relationship with supervisor
5 Work/life balance Work/life balance


Source: 2007/2008 Global Strategic Rewards study, Watson Wyatt, www.watsonwyatt.com, and WorldatWork, www.worldatwork.org .

SPONSORED REPORT

Solving the lease accounting challenge

The challenges of the new lease accounting standard have been pervasive to say the least. In this free, independently-written report, you'll learn effective adoption strategies as well as resources for easing the transition to the new standard.

FEATURE

Tackling TCJA changes this tax season

Return preparers must be ready for how the Tax Cuts and Jobs Act has modified many common features of individual and business returns.