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Research bosses should know about

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According to the latest annual ‘Hunting the (Hidden) Hunters’ report from CareerOne,  longer hours, inadequate resources and a reluctance of organisations to increase salaries are factors driving workers to hand in their resignation.

82% of Australian workers considered changing jobs last year

37% of employees are actively pursuing new roles

The following comment was posted on the Herald Sun website in response to this research.

I hate my job, passionately hate it! Business owners, CEO’s, Managers, Team Leaders take note! There is no longer inspirational leaders or people in control who work hard to make the workplace one to ‘want’ to come to each day.There is noone to look up to, who has passion and drive! I drag myself out of bed to a workplace that is back in the 50’s era. Although I work in marketing, and it is a small business, I am expected to clean! I wipe over the kitchen and lunch room but it is now expected I do more because I am female! I had to fight to be allowed to have a heater on in winter, my boss doesnt like turning the aircon on too much because it costs, any little job that goes above and beyond is never acknowledge, no thankyou whatsoever, my boss whines when we are quiet and whines when we are extremely busy but does not put on extra staff. I have been accused of not showing initiative which was beyond me because my boss would not know half the research I do, or the little things I organise for the company. It is a job that is pure hell. Part time work is hard to come by so although I am looking elsewhere, it is hard! I bet there are many in the same boat!

Uncomfortable?  What if that person was working in your office?

The factors most likely to motivate an employee to change jobs this year are:

  • not being motivated by management (44%)
  • lack of new challenges (40%)
  • waiting too long for a pay rise (39%)
  • an unclear career path (37%)

People changed jobs for:

  • work closer to home
  • a better team
  • higher remuneration and benefits

With unemployment now back down to 5%, it’s essential to be proactive in attracting and retaining quality staff.  The CareerOne research also tells us what’s important to employees in specific industries.  For financial services, the following advantages need to be emphasised in your job advertisements and discussions with staff and job candidates:

  • flexible hours
  • ability to work from home
  • training and development opportunities
  • potential for pay rises

Administration and customer service staff were less motivated by career potential or higher remuneration, instead seeking flexibility, mentoring and paid overtime.

Tip: It’s one thing knowing ‘what’ needs to be done, a quite different thing to know ‘how’ to do it.  If you are motivated to make changes in your business and you’d like help with the ‘how’, please give us a call.

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"The last couple of years at batyr has seen incredible growth and the Balance at Work team has supported us along the way. They have helped us improve leadership skills across the team by helping us source and manage mentors, and even engaging as mentors themselves. As a young and fresh CEO Susan has also supported me personally with genuine feedback and fearless advice to achieve great things. "
By Sam Refshauge, CEO, batyr
"We used the Harrison Assessment tools followed by a debrief with Susan, for career development with staff, which then allowed us to work with Susan to create a customised 360 degree review process. Susan has a wealth of knowledge and is able to offer suggestions and solutions for our company. She is always ready to get involved and takes the time to show her clients the capability of Harrison Assessments. "
By Jessica Hill, Head of People and Culture, Choice
"Balance at Work are the ideal external partners for us as they completely get what we are trying achieve in the People and Culture space. Their flexibility and responsiveness to our needs has seen the entire 360 approach being a complete success. The online tool and the follow up coaching sessions have been game changers for our business. The buzz in the organisation is outstanding. Love it! Thanks again for being such a great support crew on this key project."
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By Shaun Stanfield, Managing Director, Insurance Advisernet

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