HRRecruitingAlert.com » Report: Many companies are about to have serious retention problems

Report: Many companies are about to have serious retention problems

September 16, 2008 by Sam Narisi
Posted in: Attracting talent, In This Week's E-Newsletter, Latest News & Views

What’s one big reason many employees are likely to look for new jobs soon?

Answer: Gas prices.

In a recent survey by Beyond.com, 20,000 employees were asked what steps they’re considering to help lighten the burden of rising fuel costs. The bad news for employers: 79% answered “finding a job closer to home.”

What can employers do to keep them on board? Offering employees some assistance before they start looking through the classifieds could help.

Besides switching employers, workers were also interested in:

  • telecommuting (13%)
  • taking public transportation (6%), and
  • carpooling (2%).

By helping employees implement those three choices, companies may avoid a potentially serious turnover problem.

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