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Deloitte Survey Finds Global Employees Place Higher Value on Work than Benefits
October 6, 2012
Deloitte has released a new report that documented the priorities of global employees. The report showed that most employees are more interested in the quality of their work than in the benefits they offer. The study received feedback from employees in the Americas, Asia Pacific, Africa, Europe and the Middle East.
Nearly half of all employees said that they didn’t feel their employer was utilizing their skills effectively. The survey also found that many employers were concerned that their employer wasn’t taking initiatives to keep them happy. These results were more pronounced among employees who had only been in their career for two years or less. About a third of all employees said that they expect that they will transition to a new employer in the next year.
The survey indicates that workers should consider taking new measures to encourage employees to remain committed in the beginning of their career. Retention strategies can be an effective means of helping organizations achieve their goals. Employers can yield a higher return on their investment with employees if they take efforts to keep them around for the long-term.
However, many employees are going to remain with their current employer regardless of whether or not they are happy with the work they provide. Employers are reluctant to relocate in the midst of economic uncertainty.