{"id":607,"date":"2007-01-25T13:41:13","date_gmt":"2007-01-25T19:41:13","guid":{"rendered":"http:\/\/selectmetrix.com\/blogs\/2007\/01\/when-drivers-of-retention-are-misaligned\/"},"modified":"2007-01-25T13:41:09","modified_gmt":"2007-01-25T19:41:09","slug":"when-drivers-of-retention-are-misaligned","status":"publish","type":"post","link":"https:\/\/selectmetrix.com\/blogs\/2007\/01\/when-drivers-of-retention-are-misaligned\/","title":{"rendered":"When Drivers Of Retention Are Misaligned"},"content":{"rendered":"<p>I&#8217;m a little late to the party on this post from <a href=\"http:\/\/feeds.feedburner.com\/~r\/SpherionCareerBlog-TheBigTime\/~3\/77442838\/workforce_shortage_and_its_imp.php\" target=\"_blank\">Spherion&#8217;s The Big Time blog<\/a>. The post covers many interesting topics. To start (emphasis mine):<\/p>\n<ul>\n<li>23 percent of companies are already dissatisfied with the talent available.<\/li>\n<li>One-third of HR managers mention turnover\/retention as a key concern.<\/li>\n<li><strong>On average, employers expect 14 percent of their workforce to leave within the next year.<\/strong><\/li>\n<li><strong>31 percent of workers believe there is a turnover or retention problem at their company, and 39 percent of workers themselves expect to leave in the next year.<\/strong><\/li>\n<li>Less than half (44 percent) of workers believe their company is taking steps to retain its employees.<\/li>\n<\/ul>\n<p>You can see where these survey results are leading &#8211; there is a disconnect between the employer&#8217;s perception and the employee&#8217;s perception of the same company. That disconnect is illustrated in the next section of the post involving the drivers of retention. The summary from the post:<\/p>\n<blockquote><p>Employers and employees wholeheartedly disagree on what drives retention. <strong>In fact, employers and employees ranked every factor of retention differently in terms of priority.<\/strong> The most concerning of which relates to time and flexibility. Work\/life balance was the most important career priority for 86 percent of workers surveyed. It is ranked first on the employees list of retention drivers after standard priorities salary and benefits. Employers on the other hand ranked time &#038; flexibility last among all factors relating to retention of employees.<\/p><\/blockquote>\n<p>A key point to all of these stats is simple &#8211; if you have a retention problem, you have a recruiting problem. Strong companies hire the right people that are rewarded by the culture. Any misalignment in the retention factors leads to a turnover problem.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I&#8217;m a little late to the party on this post from Spherion&#8217;s The Big Time blog. The post covers many interesting topics. To start (emphasis mine): 23 percent of companies are already dissatisfied with the talent available. One-third of HR managers mention turnover\/retention as a key concern. On average, employers expect 14 percent of their workforce to leave within the next year. 31 percent of workers believe there is a turnover or retention problem at their company, and 39 percent of workers themselves expect to leave in the next year. Less than half (44 percent) of workers believe their company is taking steps to retain its employees. You can see&hellip; <a class=\"read-more\" href=\"https:\/\/selectmetrix.com\/blogs\/2007\/01\/when-drivers-of-retention-are-misaligned\/\">Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"bgseo_title":"","bgseo_description":"","bgseo_robots_index":"","bgseo_robots_follow":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[20,23,5,22],"tags":[],"class_list":["post-607","post","type-post","status-publish","format-standard","hentry","category-compensation","category-retention","category-trends","category-turnover"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p5Oho-9N","jetpack-related-posts":[{"id":1174,"url":"https:\/\/selectmetrix.com\/blogs\/2007\/09\/telecommuting-retention\/","url_meta":{"origin":607,"position":0},"title":"Telecommuting = Retention","author":"Derrick Moe","date":"September 10, 2007","format":false,"excerpt":"This isn't shocking news, but telecommuters are more satisfied with their work when compared to the traditional office worker.\u00a0 CareerJournal.com's Working From Home Fosters Job Satisfaction does provide some detail to this difference that I found noteworthy.\u00a0 First the background stats: Seventy-three percent of the remote and home-based workers surveyed\u2026","rel":"","context":"In &quot;Retention&quot;","block_context":{"text":"Retention","link":"https:\/\/selectmetrix.com\/blogs\/category\/retention\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2341,"url":"https:\/\/selectmetrix.com\/blogs\/2010\/05\/sales-departure-time\/","url_meta":{"origin":607,"position":1},"title":"Sales Departure Time","author":"Derrick Moe","date":"May 20, 2010","format":false,"excerpt":"I do think there is an impending, colossal jump of sales talent in the very near future.\u00a0 The Herman Trend Alert speaks to this potential in their latest report: According to a new CareerBuilder survey, more than one-quarter (28 percent) of sales employers are concerned about losing their high performing\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/selectmetrix.com\/blogs\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1299,"url":"https:\/\/selectmetrix.com\/blogs\/2007\/11\/the-most-important-aspect-of-retention\/","url_meta":{"origin":607,"position":2},"title":"The Most Important Aspect Of Retention","author":"Derrick Moe","date":"November 20, 2007","format":false,"excerpt":"Competent managers.\u00a0 That's according to a Kenexa Research Institute survey quoted in CareerJournal.com\u00a0(emphasis mine). Sixty-two percent of employees who said they have an effective manager also said they planned to stay with their job versus 17% of employees who said their manager is ineffective who plan to stay with their\u2026","rel":"","context":"In &quot;Retention&quot;","block_context":{"text":"Retention","link":"https:\/\/selectmetrix.com\/blogs\/category\/retention\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":851,"url":"https:\/\/selectmetrix.com\/blogs\/2007\/04\/retention-past-retirement\/","url_meta":{"origin":607,"position":3},"title":"Retention Past Retirement","author":"Derrick Moe","date":"April 25, 2007","format":false,"excerpt":"Most companies are aware of the shrinking workforce for which we are encountering as the Baby Boomers start retiring.\u00a0 One short-term fix is to simply employ these boomers past their retirement age.\u00a0 This approach has many merits that will benefit a company.\u00a0 However, a recent article from Small Business Times\u2026","rel":"","context":"In &quot;Hiring&quot;","block_context":{"text":"Hiring","link":"https:\/\/selectmetrix.com\/blogs\/category\/hiring\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":513,"url":"https:\/\/selectmetrix.com\/blogs\/2006\/12\/socialize-with-your-younger-employees\/","url_meta":{"origin":607,"position":4},"title":"Socialize With Your Younger Employees","author":"Derrick Moe","date":"December 19, 2006","format":false,"excerpt":"From Rasmussen Reports - Younger Workers Want More, Connection That Is. Not really a surprise here, but a reinforcement: On top of everything else, Generation Y employees also prefer more frequent social interaction with their managers. One-quarter (26 percent) would like to socialize with their boss at least monthly. This\u2026","rel":"","context":"In &quot;Sales Management&quot;","block_context":{"text":"Sales Management","link":"https:\/\/selectmetrix.com\/blogs\/category\/sales-management\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1621,"url":"https:\/\/selectmetrix.com\/blogs\/2008\/06\/the-key-to-sales-retention\/","url_meta":{"origin":607,"position":5},"title":"The Key To Sales Retention","author":"Derrick Moe","date":"June 17, 2008","format":false,"excerpt":"Listen, according to this Selling Power article: \"One of the mistakes companies have made in the past is that they make decisions without real input from the people who are most affected by the hiring decisions,\" says Opton. \"Companies need to realize that they always have two sets of customers\u2026","rel":"","context":"In &quot;Retention&quot;","block_context":{"text":"Retention","link":"https:\/\/selectmetrix.com\/blogs\/category\/retention\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/posts\/607","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/comments?post=607"}],"version-history":[{"count":0,"href":"https:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/posts\/607\/revisions"}],"wp:attachment":[{"href":"https:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/media?parent=607"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/categories?post=607"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/tags?post=607"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}<!-- WP Super Cache is installed but broken. 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