Saba, a talent management solutions company, conducted a new survey which has found that one third of the UK’s workforce is expected to change jobs within the next six months.
Almost half of HR leaders agreed that retention and leadership development programs were the top priority among talent management goals, but companies continue to suffer from significant retention challenges.
Sixty percent of HR leaders believe that their companies provide employees with a clear career path, while only 36 per cent of employees believe this to be true.
Forty one per cent of employees said they would leave their company for better career options, with a sizable amount of those polled stating that background skills and talents were not being recognized.
When the workforce was asked if they would be willing to share more context about themselves for better career advancement in their current companies, people agreed they would like to share more. About one third of employees polled would be happy to share their goals, background talents and what motivates them to ensure more accurate workforce placement but the right questions are not often being asked.
Adrienne Whitten, VP of Product Marketing at Saba, commented on the results on the survey.
“Saba and Workplace Trends research shows that HR leaders want to know what inspires and motivates the workforce, but they don’t seem to be asking them. The problem could be a lack of the right tools or experience for gathering the data, as HR ranks workforce analytics as the lowest in effectiveness across the talent processes.”
The misunderstanding of employee wants and HR needs, funnels down to a lack of staff insights and analytics. Twelve percent of HR managers say that “workforce analytics” and “planning” are their companies’ best function.
Fifteen percent of HR managers say that having up-to-date risk assessment of losing high potentials would be the “most impactful” insight for their business.