A significant proportion of workers are unhappy in their current employment, and actively seeking other positions, according to new research.
The survey, by Unum found that two out of five workers (38 per cent) are “very likely” to seek new employment this year. A further 24 per cent of those surveyed, said they often think about quitting their current job.
Only 14 per cent of those surveyed said they would be happy staying with their current employer for the rest of their career.
Not surprisingly it was younger workers who were most likely to be disastified in their current position. A total of 61 per cent of Generation Z-ers and 55 per cent of millennials were looking for new work opportunities this year.
Data from the UK’s largest job search websites back up this research, showing a significant increase in job searches in January.
As a result Unum is advising employers who want to retain staff to review their benefits packages, while also offering clearer communications and reminders on the benefits available.
Unum UK’s human resources director Liz Walker says: “Our research shows poor benefits communication costs UK employers £2.7 billion in employee turnover per year.
“This is far too high, especially for employers who are actively investing in the health and well-being of their employees through benefits and resources.”
She adds that sharing details about the employee benefits available can improve employee satisfaction levels, and provide an invaluable tool for staff retention.
She adds: “Understanding and future-proofing your benefits plan against societal shifts and changing attitudes within your workforce is also critical to staying relevant in the war for talent.”