T H E M O O D O F T H E G L O B A L L A B O R M A R K E T

T H E C O S T O F A D E PA R T I N G W O R K E R

D R I V E R S O F C H A N G E

6

4

Only 31% of workers are committed to their current employer, a sharp decline from 2012 (43%).

COMMITMENT

Only 29% say they feel loyal to their employers, largely steady from 2011.

LOYALTY

Experts estimate that a departing worker can cost between 30%–150% of a worker’s annual compensation package to replace them.

The cost is even greater when factoring the intangible components such as lost knowledge and disruption to co-workers and customers.

While financial benefits top the list, employers would be mistaken to focus only on salary/compensation.

The most attractive companies offer more than competitive pay and benefits. They offer opportunities for skill development and a clear pathway for career advancement.

(Excluding salary and financial incentives)

Only 35% believe they have the opportunity to advance their career with their current employer.

OPPORTUNITY TO DEVELOP NEW SKILLS

Only 38% say their employers contribute to their sense of meaning, a sharp drop from 2012 (47%).

SENSE OF MEANING

TO STAY OR LEAVE?

Nearly half (47%) of contented workers devote time to scanning the job market looking for better job opportunities.

More than half (60%) intend to look for a new job with another company within the next year.

30%

critical factors that contribute to a worker considering leaving their job

critical factors that contribute to a worker choosing one job over another

150%

60% Salary and

financial benefits

41% Lack of

opportunity for advancement

33% Staff

morale

36% Work–life balance

26% Stress

28% Current

management

64% Work–life balance

58% Training or

development programs

28% More

meaningful work

M O R E T H A N M O N E Y A N D P R O M O T I O N

T H E I D E A L W O R K E N V I R O N M E N T

GLOBALLY, WORKERS ARE WILLING TO GIVE UP HIGHER PAY AND CAREER ADVANCEMENT FOR:

57% Opportunity to learn new skills

57% Highly collaborative

environment

52% Improved

work–life balance

54% Flexible work arrangements

36% Flexible work

schedule

44% Exposure to the

latest technologies and top-notch

equipment

29% Opportunity to perform socially conscious work

39% Culture of

innovation and creativity

4 ideal features that workers want incorporated into their work life

kellyservices.com/kgwi

Companies attuned to the voice of talent and their preferences will be better equipped to make more meaningful connections as they seek to achieve their business goals in 2015 and beyond.

Download the full report

62% Opportunity of advancement

THE ANNUAL KELLY GLOBAL WORKFORCE INDEX™