Changing Jobs in Europe: Employee Retention
More than a half of the European employees between 20 and the 39 years consider a job change.
According to 39 per cent switching to another job is to blame to their employer. Employers insufficiently support employees to realise their potential.
This is the outcome of the research report ‘ Dream job or Career Nightmare?’ of the international consultancy OPP. The investigation has been conducted under 3,000 fulltime employees in 6 European countries, in the age category 20-69 years.
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36 per cent said that a better salary was the main reason for changing jobs in the past. But it is not only money. Besides lack of challenge, insufficient career perspective and dissatisfaction are the given answers.
Dutch employees are more satisfied than colleagues from France, United Kingdom, Denmark, Ireland and Belgium. However one of every three employees questioned, say that the organisation lacks structured evaluation and feedback.
The so-called career nomads have financial consequences for organisations, like extra costs for hiring new experienced staff and expensive training costs. Moreover, the loss of knowledge is an expense that is open to estimation. Retaining personnel can only be realised when organisations pay more structural attention to the support and development of its employees.
Download the research report