As workforce hiring increases, concerns about engaging employees and retaining critical talent are top of mind for organizations. According to Mercer’s latest survey on employee perspectives, Employee Views on Moving Up vs. Moving On, one-third (32%) of employees consider their employment to be a job, not a career. Moreover, more than three-quarters (78%) of employees report they would stay with their current employer if they knew their career path.
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“The dynamic interplay of multiple trends—a disenchanted workforce that is multigenerational, skill shortages, global expansion, and gender equality—is creating real challenges for managing talent,” said Ilene Siscovick, partner and North America talent and career leader at Mercer. “By outlining specific skill sets for career paths, organizations can help employees better understand growth potential within the company and improve overall efforts to retain and motivate their existing workforce.”
Mercer’s survey assesses employee sentiments on opportunities, or lack thereof, for advancement with their current employer. The findings provide insights to help employers refine their engagement, retention, and development initiatives and improve their overall approach to managing talent. The survey includes responses from 1,520 employed workers in the United States and Canada.