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One in three workers feel undervalued

By: Staff Journalist, Singapore
Published: Jan 05, 2010

 EMPLOYEE MORALE   STAFF RETENTION   JOB ROTATION

UK - One-third of employees felt unappreciated during the recession and say they would leave their job if they could, revealed a study commissioned by PricewaterhouseCoopers (PwC). 

Out of a total 944 workers surveyed, 41% of those who did feel appreciated said they had no plans to hand in their notice, but 23% said they would consider leaving.

Michael Rendell of PwC’s human resource services said that workers’ ambitions to find new roles could be good news to organisations in terms of creating movement and opportunities within companies during a  stagnant labour market. 

He added that if companies fail to listen to individuals and attend to their needs, they might risk losing some of their strongest employees. Rendell suggests that organisations should strike a balance between enjoying the reduction in employment costs that attrition can bring with the need to avoid overstretching existing staff.

"New Year is clearly a popular time for people to make important decisions. Rather than losing their best people as individuals resolve to make changes to further their careers, organisations need to articulate the internal options available to top performers and remind workers why they chose to work for their employer in the first place," he said.

 

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Companies featured:

  • PricewaterhouseCoopers Pte Ltd

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