War for talent | UK worker exodus looms - can rewards & recognition turn the tide?

Nearly three quarters (73%) of UK employees are seeking a new job in 2024 and 90% have concerns about their current employment.

Research from BHN (Blackhawk Network) published today also found two out of 10 of UK employees are thriving and enjoying their current role, whilst an additional 12% are completely burnt-out.

The survey of 1,000 employees across the UK sought to understand the disparity of how employers are using incentives to show their appreciation, and how appreciated staff are feeling.

Playing with the fire of an unengaged workforce

But how can employers improve the morale amongst their employees? 20% of those looking for a new job want better rewards, incentives, or recognition from their employer; whilst nearly a quarter (23%) wanted improved benefits options.