In the News

Job Satisfaction – 7 in 10 employees unhappy with career opportunities, costing organisations over £16,000 per employee

Stalled progression means 70% of employees are dissatisfied with future career opportunities,Employee satisfaction leading to massive turnover costs as people pursue new options elsewhere, according to CEB, the best practice insight and technology company.

Traditional, linear career paths where employees climb the corporate ladder one promotion at a time are a thing of the past, says the company.

It stresses that today’s flat organisational structures mean employees spend more time at each job level roughly three more years than in 2010.

The number of promotion opportunities have decreased over the last decade as a result of companies removing positions and management layers to save money. CEB’s survey of more than 12,000 employees worldwide found that a lack of future career opportunities is the number one reason why people quit their job. Employee turnover, in addition to stressing existing teams and slowing productivity, costs organisations over £16,000 per employee – a figure that can quickly add up for big companies.

Chosen excerpts by Job Market Monitor. Read the whole story at 7 in 10 employees unhappy with career opportunities

Advertisements

Discussion

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Jobs – Offres d’emploi – US & Canada (Eng. & Fr.)

The Most Popular Job Search Tools

Even More Objectives Statements to customize

Cover Letters – Tools, Tips and Free Cover Letter Templates for Microsoft Office

Follow Job Market Monitor on WordPress.com

Enter your email address to follow this blog and receive notifications of new posts by email.

Follow Job Market Monitor via Twitter

Categories

Archives

%d bloggers like this: