Fifty-eight percent of workers say their companies aren’t doing what they should to hold onto them, according to the latest reading of an ongoing query by Comparably.
The responses came from more than 1,000 workers in the technology industry as of June 6.
HR workers were most optimistic
People who work in HR were the most positive about their employers’ ability to retain them. Fifty-nine percent said their company leaders were doing what they should in order to recruit them. The next highest rates were among the executive and sales departments (56% and 48%, respectively).
IT workers were at the other end of the spectrum, with only 32% of them saying their companies were doing what they should to retain them. People in business development, design and marketing were also pessimistic about their employer’s ability to retain them.
Older workers were more likely to feel this way
People tended to become more negative with age about their employer’s ability to retain them. The most optimistic were the 18 to 25 age group (46% said their employers were doing what they should to retain them), while the least optimistic were those over 50 (36% said their employers were doing what they should to retain them).
Satisfaction declined with education
The more educated a person, the least likely they were to say that their employer was succeeding at retaining them. Fifty-two percent of people with a high school education said their employers were doing what they should, while only 42% of people with their doctorate said the same.
What goes into retention
There’s no single factor that dictates whether or not an employer will succeed at retaining their employees; however, if a company pays their employees fairly, values managers who care about their employees and give regular feedback, and creates a company culture where people have the resources to their job and opportunity for promotion, that’s a good start.
