Promotion ''key issue'' for workers
30 Jan 2007
Global employment services consulting firm Manpower United Kingdom says its latest survey reveals that staff seek to reach career heights by moving firms and are more likely to stay with their current employer if they had better promotion prospects.
The agency found that after career advancement, opportunities to work more flexible hours were the next main motivators to changing jobs.
Manpower's survey also says that holding onto staff is the most pressing human resources issue for employers.
Highlights of the survey:
- Being able to advance their career was given as the main reason for leaving their current company by 28 per cent of workers
- This compares with 22 per cent who said they switched employers for more flexible working conditions, and 17 per cent who said they moved jobs for an increase in salary
- Retaining staff was the top issue for employers, with 72 per cent of respondents saying it was a concern
- The second biggest issue was seen to be adapting to new legislation, recognised as a worry for 71 per cent of bosses
Says
Mark Cahill, managing director, Manpower, ""Holding
onto the
best people is very much an issue for employers this year,
and in a tight labour market, it has never been more important
for employers to pay close attention to their retention
policies."
Latest articles
Featured articles
The remarkable Ratan Tata
By Kiron Kasbekar | 23 Oct 2024
One newspaper report of Ratan Tata’s passing away showed an old photo of him climbing into the cockpit of a Lockheed Martin F-16 fighter.
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation