New research from Personio shows that businesses in UK and Ireland could be set to be hit with the sharp end of a £16.9bn talent exodus with almost four in ten employees looking to change roles.
It doesn’t appear that HR or the business are prepared for this – with only 26% of employers saying talent retention is a priority for their organisation.
The research – which surveyed 500 HR decision makers as well as over 2000 workers – found that this lack of planning in the area of staff retention came despite 45% of employers worrying about staff leaving.
What’s causing the potential exodus?
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