The two most common job search strategies used by applicants are responding to online job board posts and referrals from colleagues, friends or family members—approximately one third of applicants use these strategies. And job security remains the most important reason employees are attracted to new job opportunities (75% cite job security as very or extremely important).
Talent Leadership & Engagement
Effective managers yield more engaged employees (89%) than ineffective managers (35%), and are more likely to retain employees (24% turnover intention for effective managers vs. 42% for ineffective managers).
The most commonly used learning resources are coworkers or subject matter experts within the organization–46% of employees report these as their preferred resource when learning needs arise. And, employees can more easily identify subject matter experts when they work in organizations that use social collaboration technologies to share information about employee knowledge, skills, and work experience (91% vs. 70%).
Talent Rewards & Recognition
When organizations communicate about their pay policies, twice as many managers feel prepared for (89% vs. 43%) and comfortable with (86 vs. 44%) pay conversations. When managers communicate effectively about pay, four times as many employees believe their pay is fair (79 vs. 19%).
More than half (53%) of organizations assess Quality of Hire to evaluate the effectiveness of their recruitment processes, and most organizations evaluate Quality of Hire via job performance ratings (55%).
Source: IBM Smarter Workforce Institute