Nearly
two-thirds of European HR and finance managers believe that inadequate salaries
are the main reason employees leave their jobs, according to research.
The
report, by recruitment company Accountemps, reveals that limited promotion
opportunities are the second most common reason for staff to move on, with 42
per cent of respondents highlighting this as the main factor.
Attractive
offers from rival companies came third with 38 per cent, while over a fifth of
those polled cite bad HR departments and practices.
Boredom
was seen as the major reason for people leaving their jobs by 13 per cent of
respondents.
The
report also states that employees would rather work for a company that had a
highly developed HR department.
"In
today’s market, companies that possess a certain quality in HR are at a
distinct advantage as candidates look further than simply salary. The fact that
companies are open to internal promotion, an attractive working environment and
training opportunities will continue to be a valuable recruitment and retention
tool," said Clive Davies of Accoutemps.
The
report polled 780 managers with recruitment responsibilities.
