Employees aren't satisfied with their jobs, and while employers say it's because of the skills shortage, the truth might be simpler: higher pay and better benefits.
HRDive reports that while 92 percent of employers surveyed in the Hays U.S. 2018 Salary Guide say that severe skills shortages in their industries are weighing on productivity, employee satisfaction and turnover–with construction and the life sciences reporting the greatest shortages–the actual reason may have more to do with pay than skills.
The guide finds that the most common recruiting methods are promoting company culture (48 percent) and offering competitive salaries (43 percent), but points out that employers have to be proactive about hiring and retention amid a shortage of skills and a competitive market for talent.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.