{"id":2310,"date":"2012-07-06T05:45:42","date_gmt":"2012-07-06T11:45:42","guid":{"rendered":"http:\/\/corevalues.com\/?p=2310"},"modified":"2012-07-06T05:45:42","modified_gmt":"2012-07-06T11:45:42","slug":"are-more-employees-planning-to-quit","status":"publish","type":"post","link":"https:\/\/corevalues.com\/dev\/2012\/07\/06\/are-more-employees-planning-to-quit\/","title":{"rendered":"Are More Employees Planning To Quit?"},"content":{"rendered":"

\"\"<\/a>It appears that employee restlessness is again on the rise.\u00a0 Earlier this year\u00a0I wrote about two million US employees giving their employers the pink slip <\/a>in February, 2012.\u00a0 According\u00a0to new data from Hay Group, more employees are planning to quit.\u00a0 This is in keeping with our projections that the will to correct trust and communication problems in companies is not strong in the leadership teams of large companies<\/a>.<\/p>\n

In 2011, nearly two in every five employees (38 percent) planned to leave their employers within the next five years, compared to 30 percent in 2009. Employees are also increasingly concerned about their organizations\u2019 ability to retain top talent (only 43 percent held favorable views in 2011, compared to 56 percent in 2009). The data, pulled from Hay Group\u2019s global employee opinion database, include the opinions of over 1,696,000 U.S. employees working in 152 organizations.\u00a0 This is a credible test pool and gives us more insight on why employees would consider quitting even when the economy is not fully recovered.<\/p>\n

In a conversation I had with a senior HR Executive who recently tendered his resignation, “Sometimes it comes down to mental health. Staying is more painful that dealing with the unknown.” Amen to that.<\/p>\n

\u201cU.S. companies have experienced lower turnover rates over the past few years, largely because of the weak labor market associated with the economic downturn. We\u2019re in the eye of a turnover hurricane that has lulled many companies into complacency,\u201d said Mark Royal, senior principal at Hay Group Insight. \u201cIn the meantime, employee frustration is rising. Organizations that fail to identify and act on issues affecting employee commitment during this break in the storm are going to find employees exiting in increasing numbers as other opportunities become more plentiful.\u201d<\/p>\n

The employee engagement picture remains mixed at many organizations. While commitment to the company has flagged, employees\u2019 willingness to invest discretionary effort held fairly stable from 2009 to 2011, along with their feelings about their job security and career advancement opportunities. However, issues related to employee enablement \u2013 involving providing employees with the necessary support and resources to do their jobs successfully \u2013 took a downward turn:<\/p>\n