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Companies 'face management challenge to retain young workers'

10 November 2011

Businesses in the UK are having to devise creative management approaches to prevent younger employees from leaving to find new positions.

This is according to a survey from Mercer, which has revealed that younger workers are more likely than their older counterparts to be seeking an exit from their current positions, despite being more satisfied with their organisations on the whole.

According to the analyst group, these findings defy traditional attitudes to loyalty, engagement and retention, meaning they provide a "real dilemma" for employers to consider.

Chris Johnson, a partner for Mercer's human capital business, said strategies will vary between companies, but many will feel it is necessary to invest time and resources towards changing the attitudes of younger employees.

"It is essential to first have a clear understanding of an employer's value proposition and then analyse what steps can or should be taken to increase the tenure of young workers," he said.

This comes after a survey from the Chartered Institute of Personnel and Development suggested that maintaining trust in the management among workers is vital to retaining top talent.

Odgers Interim are UK leaders in Interim Management solutions for the Commercial Sector. We have offices in London, Birmingham, Leeds, Manchester, Glasgow, Aberdeen and Cardiff as well as over 50 offices globally. We are the only Interim Management providers who are part of a top tier international executive search firm. We work closely with our executive search colleagues to find candidates who can offer short term solutions with long term benefits.

Categories: Functional Practices


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