Are Your Employees Preparing to Walk Out?
Integrators might want to do a gut-check of their corporate culture. New study reports 84% of employees plan to look for a new job.
We survey CE Pro readers every year about their biggest challenges. Over the past several years, “finding good employees” has not been high on the totem pole of responses, supplanted by things like “the economy,” “homebuilding” and “the Internet.”
Your technicians and sales staff were probably just “happy to have a job” during the recession. But a recent study by Right Management show many employers are starting to face a different situation.
For the first time in years, the number of people quitting voluntarily is higher than the number fired or discharged. The study also says 84 percent of employees plan to seek new employment in 2012, up from 60 percent in 2011.
According to CareerBuilder, more than one-third (34 percent) of employers reported an increase in voluntary turnover in 2011 and 43 percent were anxious they might lose top talent in 2012.
So, now is the time to check in with your key employees and perhaps set up risk/reward programs to keep them motivated, happy and employed with your company. One good benchmark that could help prevent an exodus of good employees is to compare your benefits and wages against the CE Pro Wage & Benefits Survey.
Jason has covered low-voltage electronics as an editor since 1990. He joined EH Publishing in 2000, and before that served as publisher and editor of Security Sales, a leading magazine for the security industry. He served as chairman of the Security Industry Association’s Education Committee from 2000-2004 and sat on the board of that association from 1998-2002. He is also a former board member of the Alarm Industry Research and Educational Foundation. He is currently a member of the CEDIA Education Action Team for Electronic Systems Business. Jason graduated from the University of Southern California. Have a suggestion or a topic you want to read more about? Email Jason at [email protected]
Follow Jason on social media:
ResearchHome Improvement Market to See Strong, Stable Growth in 2017
CE Public Company Stocks Up 22% in 2016
Report: Smart Home Devices Had Biggest Impact on Security Market in 2016
D&H Sees 77% Growth in IoT, 31% in TV Sales in 2016
The One Thing You’re Not Training Your Customer Service Team
View more on Research