There is a direct correlation between an employee’s intent to look for a new job and the level of recognition he receives at work, according to a survey.
Thirty-eight per cent of employees in the United States are actively looking for a new job, up from 36 per cent six months ago. And 39 per cent of workers don't feel appreciated at work, up from 32 per cent, found the survey by Globoforce, provider of employee recognition solutions.
Overall six-month trends reveal higher worker dissatisfaction — 52 per cent are dissatisfied with the level of recognition they receive, up from 41 per cent n February. And nearly one-half of the 630 people surveyed said they would leave their current job for a company that clearly recognized employees for their efforts and contributions.
"It's been often stated that we're in the midst of a jobless recovery. While that may be true, it's critical for companies to avoid a 'thankless recovery' for their current employees, as that could have damaging consequences on employee productivity, company culture and employee retention," said Eric Mosley, CEO of Globoforce. "If you recognize and appreciate your employees in relevant ways, they will want to continue to work for you."
Among respondents who stated they plan to search for a new job this year:
•Only 24 per cent are satisfied with the level of recognition they receive at work. Conversely, 63 per cent of employees who have no plans of leaving are satisfied with their level of recognition.
•Thirty-two per cent have been recognized at work in the past three months. By contrast, 52 per cent of those who have no intention of leaving had been recognized in the past three months.