Only one-third of workers plan to stay in current jobs in 2020: survey

Less than one in five consider themselves ‘very engaged’ at work

Only one-third of workers plan to stay in current jobs in 2020: survey

One-third of employees (33 per cent) plan to stay at their jobs this year, compared to 47 per cent in 2019, according to a new report conducted by Achievers, an employee recognition and rewards company.

As many as two-thirds of employees surveyed could be headed for the door and the likely culprit is employee disengagement, found the survey.

“A substantial portion of today’s workforce already has one foot out the door. This is a huge shift from what we found last year,” says Natalie Baumgartner, Achievers’ chief workforce scientist.

Absence of recognition (19 per cent) is a top driver of turnover, after pay (52 per cent) and career growth (43 per cent), according to Achievers.

Eighty-two per cent of employees “strongly” or “somewhat” agreed they wish they received more recognition at work, and another 30 per cent of employees feel “not very” or “not at all” valued by superiors, says the survey.

Burnout was also fingered as one of the main reasons for turnover, according to a recent O.C. Tanner Institute report.

About 19 per cent of employees surveyed by Achievers considered themselves “very engaged,” while 14 per cent are fully disengaged, found the survey of 1,154 people. Even the 32 per cent surveyed with “average engagement” are open to new job opportunities.

The report also found that leadership is falling short on culture-building. The perception of leadership’s commitment to culture and employee experience declined, with 23 per cent of employees stating senior leaders are “very committed” or have “more than average” commitment, compared to 31 per cent in 2019.

Ninety per cent of workers surveyed said they are more likely to stay at a company that takes and acts on feedback, but when it came to acting on feedback, nearly one in four respondents (23 per cent) said their employers were “horrible” and 44 per cent said just “OK.” Of those who said “horrible,” 44 per cent plan to look for a new job, compared to the 28 per cent of those who called their company “awesome,” says the survey.

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