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Yardstick Update

Retaining key staff is a major problem

by Personnel Today 10 Sep 2002
by Personnel Today 10 Sep 2002

Four
out of five organisations have encountered problems retaining staff in the past
12 months, a study claims.

The
survey of 90 organisations by IRS Employment Review also shows that 22 per cent
of respondents report that keeping key staff has become increasingly difficult
over the same period.

More
than half of the employers surveyed reveal that losing staff to competitors was
the biggest retention problem, 38 per cent highlight low morale and 35 per cent
cite restructuring.

One
in six employers believe that staff are leaving because of salary and one in 10
respondents say they are losing staff as soon as they have been trained.

One
of the most popular methods of identifying why employees leave an organisation
was through exit interviews with more than 90 per cent of organisations using
this as a means of trying to pin down retention problems.  www.irsemploymentreview.com      

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