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

2018 financial reporting survey: Challenges and trends

Learn the top reporting challenges that emerged in a survey of more than 800 finance, accounting, and compliance professionals across the world, and compare them with your organization's obstacles.

PODCAST

How the skill set for today’s CFO is changing

Scott Simmons, a search expert for large-company CFOs, gives advice for the next generation of finance leaders and more, including which universities are regularly producing future CEOs and CFOs.