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Insync Surveys has released its 2012 Retention Review. The
report reveals that Australian organisations can influence and have
the power to change 80% of their staff turnover.
Nicholas Barnett, Insync Surveys CEO
said: "In a low growth economy, with significant pressures
on organisations to increase productivity and reduce costs, extra
focus on reducing staff turnover is essential."
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Other key findings of the 2012 Retention Review are:
- People still leave primarily because of the job itself, with
51% rating job enrichment as most important
- Gen Y's top reasons for leaving are career opportunities and
better job offers, while Gen X and Baby Boomers say job
satisfaction is most important
- Industry spotlight: job enrichment is the main driver for
financial services and engineering employees; home life is valued
most by the retail sector; and community services employees leave
because of work stress and to find work-life balance
- The growing part-time workforce grapple to find work-life
balance whilst seeking career opportunities and job
satisfaction
Download the 2012 Retention
Review
(3MB pdf)