Highlights:
- Manager Quality, Respect and People Management are the Top Three Reasons Australian Workers Leave Their Employer
- The job market continues to favour the job seekers
- Employee discretionary effort – willingness to go above and beyond at work – has gone down
The latest data reveals that “Australian employers face an ultimatum: prioritize quality leadership and positive work culture in your organization or risk losing staff to a highly competitive talent market”.
Gartner’s global labour market survey found manager quality is the top reason Australian employees cited for leaving their organization for the fifth consecutive quarter.
Respect and people management have risen in importance for Australian workers, edging out compensation and work-life balance from the top three drivers of attrition.
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The survey also shows that the job market still firmly favours job seekers
Employee confidence in job availability peaked at 56% in February, by far the highest it has been in more than five years.
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Top factors for Employee Retention
1. Location |
2. Compensation |
3. Respect |
4. Work-Life Balance |
5. Ethics |
6. Job Interest Alignment |
7. Coworker Quality |
8. Vacation |
9. Manager Quality |
10. Stability |
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Top Attrition Drivers
1. Manager quality |
2. Respect |
3. People management |
4. Compensation |
5. Work-Life Balance |
6. Location |
7. Coworker quality |
8. Future Career Opportunity |
9. Recognition |