Job retention rates are an escalating problem here in the United States. After all, the year of 2015 already showed more than two and a half million people leaving their jobs voluntarily – and that was just by the end of June of that year, let alone in the rest of the year that followed. Marking an up to one quarter increase in such behavior from a mere two years prior, the issues of job retention rates was already becoming clear. Of course, such a problem has only become more pronounced in the time that has followed since, something that the typical executive placement agency or even the typical outplacement company or restructuring consultant will be able to attest to.
But as many people working for such places as an executive placement agency or other such job placement agency can also note, there are many factors playing into such matters. After all, with more than half of all millennial employees (as much as 60% of them, as a matter of fact) more than willing to leave their current job as soon as a better one is offered (something that has earned them the dubious moniker of “the job hopping generation), it is clear to see that there are a number of problems to be found within the typical workplace, no matter where you might look all throughout the United States.
For one thing, the right people just are not being hired for the job. This is such a prominent issue, as a matter of fact, that more than one third of all surveyed top executives have stated that hiring a person who ended up being poor fit for the job in question is the top reason that failed hires occur. A lack of unclear performance objectives also makes this problem worse, but more on that later.
Fortunately, the utilization of the executive placement agency can certainly help to change this issue in the direction of the better. After all, an executive placement agency will help to streamline the hiring process. And when an executive placement agency can help to provide only candidates who would be a good fit and who have the right qualifications for the role, it is clear that this issue, in relation to job retention rates, will begin to subside, often by quite the considerable amount, for that matter.
And in the addition to the help that an executive placement agency will be able to provide, there are changes that can be made within the very company itself and how it treats its current employees. After all, far too few employees feel encouraged by their superiors to be doing their best possible work, something that can all too easily and quickly breed apathy in just about any work space. As a matter of fact, this is the case for up to 80% of all employees found in the United States – and is a problem that will only grow worse if nothing is done to combat it and stop it.
Fortunately, even small changes are likely to have a considerable impact when it comes to this issue in particular. For instance, instituting something like an employee recognition program will go a long way, with as many as 86% of all companies who have put such a program into action noticing a considerable increase in overall employee happiness in relation to a recognition program of any nature. And when employee happiness is on the rise, it is likely that overall rates of employee productivity will also climb in a considerable and noticeable way. Overall quality of employee work might continue to increase as well. Therefore, increasing the overall levels of employee happiness is certainly something that just about any given company or place of business out there should be looking to do on a regular basis.
At the end of the day, there are many issues that face the typical workforce here in the United States. Fortunately, there are a number of concrete steps that can be taken to mitigate such issues, even if they cannot so easily be eliminated.