Nearly 1/3 of executives fear poor employee engagement
Nearly one-third of executives fears that poor levels of employee engagement could result in poor retention levels and the loss of key personnel once the negative impact of the economic downturn has subsided, a survey claims.
The report of 410 executives by the Economist Intelligence Unit showed that 30 per cent felt trust in their business was either very low or low and they expected to see resignations on the horizon.
But the report, Companies at the Crossroads, also showed a difference in the views of staff engagement between business leaders and managers, Personnel Today reports.
Some 38 per cent of chief executives and directors felt levels of trust in their companies were high and employees engaged but only 16 per cent of managers shared that sentiment.
Samantha Rich, the head of global attraction and talent at Axa, said: "Employers need to tailor information and make it relevant to the audience.
"We haven''t seen people leave in droves. Our staff are very realistic and pragmatic so they are not using the recession as a stick to beat us with."
A new study published in the Harvard Business Review has shown that the top motivator of staff performance is progress.
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