Most Employees Are A Phone Call Away from Quitting

Recruiters are familiar with the myriads of reasons why employees begin to shop their resumes around to other businesses.  Or perhaps, you are familiar with eager glint in the eye when you tell someone that you’re a recruiter.  Does it seem like everyone wants to leave their current job– even if they aren’t actively looking?

Employers must confront the fact that a large chunk of their employees are passively yearning to be elsewhere, even if they are not loudly mentioning their plans to move to Pittsburgh to start a comic book store.

I Love Rewards has researched best practices to combat this retreat of good workers and published their findings in the report “Retaining Top Performers in the Recovering Economy”.  According to the report, a key to curbing voluntary turnover is increasing employee engagement.  A recently released survey conducted by Harris International found that 74% of workers not actively engaged in a job search would consider a new opportunity if approached, making evident the critical challenge for employers to retain top performers in the coming months.

With growing optimism in the economy, 73% of employees expect to leave their job for a new employer in the near future.

One way to retain talented workers is through delivering performance-based recognition that is meaningful, timely, and specific.  Workers do not enjoy being the only ones under scrutiny, and the study shows that a transparent line of two-way communication provides a platform to discuss engagement levels and surfacing issues.