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The truth behind why employees leave The key to attracting and retaining high calibre employees in Australia

The truth behind why employees leave

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Page 1: The truth behind why employees leave

The truth behind why employees leave

The key to attracting and retaining high calibre employees in Australia

Page 2: The truth behind why employees leave

People – not products – are ultimately behind the success of an organisation. Yet the value of staff retention is often overlooked in the corporate world.

58% OF AUSTRALIAN EMPLOYEES ARE LIKELY TO LOOK FOR A NEW JOB IN 2016

Source: Independent survey commissioned by Robert Half among 1,000 Australian office workers in September 2015.

Page 3: The truth behind why employees leave

DISCOVER WHAT EMPLOYEES VALUE TO FIND AND RETAIN TALENTED PEOPLE FOR YOUR TEAM!

The way people think about work and what really matters in their job has changed significantly over recent years. So too have the reasons why candidates choose an employer - and ultimately, why employees leave. BUT HOW?

Page 4: The truth behind why employees leave

63%

53%

51%

Location/commute time

Improved work-life balance

THE TOP THREE REASONS WHY A CANDIDATE WILL CHOOSE TO WORK FOR YOU RATHER THAN YOUR COMPETITOR

TIP: Keep these priorities front of mind and ask yourself how you’re communicating these factors when attracting new employees.

Higher base salary

Page 5: The truth behind why employees leave

Nowadays, skilled talent is hard to find.

THAT SHOULD BE NO SURPRISE TO YOU.

But do you know why employees leave your company?

HERE ARE THE TOP 3 REASONS WHY EMPLOYEES LEAVE:

1 2 3

Higher remuneration

Improved work-life balance

Better cultural fit/corporate culture

Page 6: The truth behind why employees leave

Employee job satisfaction adds up to more than money, and employers are realising the value of adopting a more creative approach to employee benefits.

EMPLOYEES ALSO WANT… • Career development opportunities • Flexible work hours or telecommuting

Page 7: The truth behind why employees leave

3 Wishes If a genie appeared in front of your employees to grant three wishes, these would be their choices:

1

2 3

Flexible work hours or telecommuting

Additional bonuses/pay More holiday/annual leave

Page 8: The truth behind why employees leave

KEEP IN MIND THREE IMPORTANT ACTIONS:

Whether your organisation is a national powerhouse or a local small business, you could face an ongoing challenge to retain the best and brightest talent.

Page 9: The truth behind why employees leave

1 PAY ATTENTION TO

SALARY TRENDS

Keep abreast of salary and bonus trends year after year with the Robert Half Salary Guide, a comprehensive report on remuneration and hiring trends with current salary range tables.

Page 10: The truth behind why employees leave

Invest in skill enhancement and make sure direct superiors are committed to supporting career progression. Encouraging experienced staff to mentor juniors can be rewarding too.

2 ENCOURAGE GROWTH

Page 11: The truth behind why employees leave

Fostering a culture where open dialogue is welcome – at all levels. It allows employees to feel they are making a meaningful contribution to the company.

3 BE ALL

EARS