28% of employees considering leaving their job this month: how can employers retain top talent?

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According to research by WorkL, 28 percent of employees are considering resigning from their current role this month.

This is up 2 percent from last month.

The current ‘Flight Risk’ means that over a quarter of the survey respondents are at risk of leaving their job.

Clearly, the tide of the Great Resignation shows no sign of curbing.

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Which industry is most at risk?

Looking at the Flight Risk by industry shows that those working in Hospitality are most likely to be a Flight Risk with a high score of 39 percent risk.

This is followed by the Telecommunications and Publishing, 36 percent and Wholesale at 34 percent.

 

Wellbeing

The data also highlights this month’s Well-Being Risk which is currently at 33 percent.

This means that a third of employees are falling below average with their Well-Being score in the survey.

The higher the number, the larger the percentage of employees with low well-being, the higher the risk.

A percentage score of 0 percent indicates no employees with low Well-Being scores.

These results are a useful indicator for employers to monitor employees with the aim to improve employee retention rates and ensure that their teams are happy and engaged.

 

Happiness leads to productivity

Research shows that happy and engaged employees drive 20 percent improvement in profits, productivity and reduce employees’ sick absence and staff turnover.

Individuals who feel they have more control over their working life, well-being and environment will take more responsibility for the success of their employer.

“[T]he more engaged and happier your employees are the greater your commercial success will be,” says Founder of WorkL for Business, Lord Mark Price.

 

Amelia Brand is the Editor for HRreview, and host of the HR in Review podcast series. With a Master’s degree in Legal and Political Theory, her particular interests within HR include employment law, DE&I, and wellbeing within the workplace. Prior to working with HRreview, Amelia was Sub-Editor of a magazine, and Editor of the Environmental Justice Project at University College London, writing and overseeing articles into UCL’s weekly newsletter. Her previous academic work has focused on philosophy, politics and law, with a special focus on how artificial intelligence will feature in the future.

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