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 |
|3||Promotion opportunity||Promotion opportunity|
|Relationship with supervisor|
|5||Work/life balance||Work/life balance|