The 2006 U.S. Job Retention Poll of 462 employees and 367 HR professionals, released by the Society for Human Resource Management (SHRM) and The Wall Street Journals CareerJournal.com, provides a troubling view for employers:
More than 75 percent of employees are looking for new jobs.
73 percent of HR professionals are concerned about the voluntary resignations at their organizations.
Why are employees leaving?
Although a greater proportion of organizations reported implementing special retention processes in 2006 (49 percent) than in 2004 (35 percent), that still leaves more than half of organizations sitting by while their people leave. What to do? A strong internal mobility process can go a long way towards mitigating two out of the three top reasons for leaving. Mobility can also help reduce the negative impact of high turnover.
