As the world of work rapidly evolves, power is shifting from employer to
employee. Ceridian, a global human capital management technology
company, today released the results of its 2018 Pulse (News - Alert) of Talent report.
The report, conducted through a survey by Nielsen, asked 2,001 U.S. and
Canadian employees about their views on loyalty, advancing their
careers, and satisfaction in the workplace.
According to the report, a large proportion of employees are open to new
job opportunities. While 37 percent of respondents are either looking
actively or casually, another 36 percent would still consider a new
position if they were approached. Only 27 percent said they have no
interest in a job outside of their current company.
For those aged 18-24, the findings revealed nearly three-quarters of
employees decide within the first year of a new job if they are going to
stay for the long haul. More notably are workers who only
psychologically quit, but still stick around. The research showed
respondents who say they are unhappy indicate they would still work with
their current employer, on average, another 2.4 years. With this in
mind, the lesson for organizations is clear: they must cultivate loyalty
at the outset.
"If your workplace culture is lacking and your leadership isn't
transparent, authentic, and people-centric, then employee engagement
will naturally be low," noted Lisa Sterling, Chief People and Culture
Officer, Ceridian. "Our data shows the real reason a person becomes a
flight risk is because employers fail to focus on addressing career
growth and development - which are required to retain key people. This
often results in alienating top employees and makes it a struggle to
attract new ones."
Why Employees Stay and Why They Leave
The Search for Growth
"In general, I don't believe companies think enough about retention
strategies or challenge common assumptions about why people actually
stay. Top talent won't rest on their laurels," said Sterling. "Companies
that want to succeed in retaining their star employees need to paint a
picture of how their contributions can and do make a difference."
To download the 2018 Pulse of Talent Report, visit Ceridian.com/PulseOfTalent.
About the survey
The survey was conducted through an online panel by The Nielsen Company
on behalf of Ceridian from July 11 to August 14, 2018. A total of 2,001
full-time employees in North America (1,000 in the U.S. and 1,001 in
Canada) were asked about their relationship with their current employer,
and their career plans. Data were weighted by age, gender region and
employment status based on census data to align with the proportions in
About CeridianCeridian. Makes Work Life Better™.Ceridian
is a global human capital management software company. Dayforce,
our flagship cloud HCM platform, provides human resources, payroll,
benefits, workforce management, and talent management functionality. Our
platform is used to optimize management of the entire employee
lifecycle, including attracting, engaging, paying, deploying, and
developing people. Ceridian has solutions for organizations of all
sizes. Visit Ceridian.com or
follow us @Ceridian.
View source version on businesswire.com: https://www.businesswire.com/news/home/20181205005063/en/
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