A lack of job satisfaction and security is to blame for the haemorrhaging of
senior staff from e-businesses, a report has found.
A survey by online recruiters FirstPersonGlobal shows that employers in the
volatile e-economy are struggling to maintain company loyalty.
Over 85 per cent of executives questioned said they would consider a
position with another firm, while nearly a third thought it was very likely
they would change jobs in the next 12 months.
The research indicated that dissatisfaction over poor working conditions and
benefits were at the heart of the problem.
Work-life balance issues, benefits and challenging roles held more appeal
than financial rewards.
Staff cited good relations with co-workers and a sense of company pride as
two important factors in determining their loyalty.
Paul Smith, chief executive of FirstPersonGlobal, said, "It is the
employers, not the employees, who need to worry about job security.
"For employers to hold on to staff, they need to focus on constructing
benefits packages that address not only salary demands, but benefits affecting
work-life balance, such as childcare and health club membership."
Over 1,500 senior executives from the consulting, computing, marketing,
media and telecoms sectors were surveyed.