Below are some important points highlighted in the article.
According to the report, more than 6.5 million people (20% of the U.K. workforce) are expected to quit their job in the next 12 months, according to estimates from the Charted Institute of Personnel and Development (CIPD), which published the data in June after surveying more than 6,000 workers. That’s up from 2021, when 16% of the U.K. workforce said they plan to quit within a year, according to the CIPD. Meanwhile, in March Microsoft’s global Work Trend Index found that 52% of Gen Zers and Millennials — the two generations that represent the vast majority of the workforce — were likely to consider changing jobs within the following year.
Data do not lie. If these companies do not want to keep losing this battle they have to start caring about their employees. They have to treat their employees great. In this day and age companies need to start to try to be human and actually care about what their employees care about or at least putting it on the same pedestal with the degree at which the company cares about making profit. We need new generational leaders who are high on emotional intelligence.
What do you think? Are companies losing the battle for long term employee retention?
All they are about is job completion and performance both without and with pressure and how soon or how much load does such persons endure.
The environment is more competitive and those who are soft are bullied into becoming hard and careless as well. Emotional intelligence I say is way better than skills and performance because one who understands a fellow humans condition and empathises with them has definitely won them over and such employee can become the best. But reality often sees the one with more emotional intelligence as a potential instigator of choas, that is why they often times promote the hard man/woman over the emotional intelligent person because of how they can manipulate using fear. No wonder more gen *z opt to leave a job for another because they feel intimidated or compulsed. The worst of all is having other employees or management prying into individual lives and use of their personal time, also that of boredom or being a zombie in a job without meaning. Hence, why staying too long in a particular company is bad and why most persons quit or change jobs easily these days.