Bosses in the south east are being told to prepare themselves for an impending job exodus as dissatisfied staff seek work elsewhere.
Research conducted by Investors in People has revealed almost half of British workers (47%) are considering moving jobs this year due to work dissatisfaction and increased confidence in the job market.
Mike Bate, business development manager and IIP specialist at IIP South of England, said: “Over recent years the market has been tough and some employers have become complacent. There is little doubt that employees are an organisation’s most vital asset so it makes sense to look after them. Why neglect talented staff and effectively send them straight to your competitors?”
Investors in People has developed a free online benchmarking tool that allows companies to compare their people practices to those of the very best employers. The report can be saved, downloaded, printed and revisited at any time.
Consisting of 20 questions, the business benchmarking tool covers strategic planning, effective management, culture and communication, developing people and managing performance. The survey takes around 15 minutes to complete and the results allow businesses to measure themselves against the Investors in People framework and organisations of a similar size.
The Investors in People survey revealed that a quarter of British workers (24%) described themselves as unhappy in their jobs and almost one in four (23%) workers say that if the economic situation had been better a year ago, they would have looked to move job sooner.
Almost half of workers (47%) said bad management is a leading cause of their unhappiness at work, and over a third (34%) of employees feel their skills and talent would be better valued elsewhere.
Mike continued: “The survey concluded that, contrary to popular belief, an increase in salary is not the top priority for workers who feel undervalued with two thirds (63%) stating greater job satisfaction as their main incentive for moving, with pay at just 48%.
“Managing people is a skill that can easily be developed and is not something that should be left to chance. Happy and satisfied workers are more productive, less prone to taking sick days and ultimately, less likely to leave the organisation.”
Investors in People is the UK’s leading people management standard, offering a practical and flexible framework for improving business productivity, performance and competitiveness in organisations of all types and sizes through good practice in people management.
For more information and to access the benchmarking tool visit www.investorsinpeople.co.uk
To find out more about the benefits of Investors in People, visit iipsouth.investorsinpeople.co.uk