Staff turnover is near 20-year highs for many companies. Two research firms, Walker Information and Hudson Institute, recently joined forces to conduct a nationwide employee loyalty study. The results confirmed that staff loyalty is in short supply. Here is a sampling:
Only 24% of employees consider themselves truly loyal, committed to their organization, and planning to stay at least two years.
33% of employees were high risk, not committed and not planning to stay.
39% were classified as trapped. They plan to stay, but are not committed to their organization.
Among those who felt they worked for an ethical organization, 55% were truly loyal. For those who didn’t feel they worked for an ethical organization, the loyalty figure was 9%.