NPAworldwide Recruitment Network announced the results of its Global Employee Retention Survey. Member recruiters participating in more than 750 placements were asked to document the motivations and reasons for candidates leaving existing employers for new employment opportunities.
“Recruiters become uniquely exposed to the motivation behind a change of jobs” said Dave Nerz, president of NPAworldwide. “Candidates are in process with recruiters for weeks or months as they ponder a change. Sometimes these recruiter-candidate relationships span years. Since recruiters are paid significant fees to find top talent, employers can learn from this survey and change some of the issues within their control.”
The employee retention survey was a result of more than 350 candidate job changes in the 2018 version of this report. The survey was last completed in 2013 with more than 400 job changes documented. The results for 2018 show:
- 46.1% of those making a job change cite “organizational” factors for the decision to leave the existing employer. Top organizational reasons captured included the desire to work for a smaller or larger employer and organizational direction that was concerning.
- 52.8% of those reporting on the survey listed a “job-specific” motivation for the change of jobs. The top reason was unsatisfactory career progression.
- 73% of employee moves managed by our recruiter group were captured as listing “personal” reasons as the motivation for the acceptance of a new job. Candidates were seeking growth and challenge most frequently, and secondarily were looking for a new location to live.
- Access Survey Results Here
The top two reasons mentioned in the survey were “seeking growth and challenge” and “unsatisfactory career progression” reports Nerz. “Employers can retain top talent and impact retention stats within their companies with greater focus and training to address these known contributing factors.”