27th March 2014

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by: designers-i

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Categories: Research

Health and Wellbeing Job Exodus poll by Investors In People

Britain’s workers are feeling unloved by their employers, a new poll by Investors in People has found. Over half (54%) of full-time employees feel their employer doesn’t care about their health and wellbeing, as long as they get the job done.

Health and Wellbeing Poll Key statistics

• Britain’s workers are feeling unloved by their employers. Over half (54%) of full-time employees feel their employer doesn’t care about their health and wellbeing, as long as they get the job done
• Of those who stated their employer doesn’t care about their health and wellbeing, half (48%) say it has led to them feeling less motivated
o A third have considered looking for a new job as a result
o Over one in ten (13%) admit they don’t work as hard
o 15% resent their employer
• More than one in five workers (23%) have ‘pulled a sickie’ in the last year
o More than one in twenty (6%) have falsely taken a sick day more than 5 times in the last year
• Almost three in 10 (27%) of unhappy workers have pulled a sickie in the last year, compared with 20% of contented employees
• 46% of employees have taken at least a day off work in the last year due to a cold, flu or a stomach bug.
o Other reasons for taking a sick day included suffering from a physical injury (21%) and a recurring condition such as a migraine (20%)
• Over half (51%) of those questioned said the health and wellbeing benefits offered by their employer improve their overall job satisfaction
o Flexible hours (43%) are the top health and wellbeing benefit which make them feel most satisfied and valued in their role, followed by health insurance (41%) and dental insurance (23%)
o One in ten employees said they would have greater job satisfaction with the opportunity for a career break/sabbatical (10%)
o One in ten workers state their job satisfaction is or could be improved with complimentary fresh fruit (10%) in the office
• 8 out of 10 (80%) people would feel more positive towards their employer if they offered better health and wellbeing benefits

Job Exodus Poll

British businesses are facing a potential exodus of staff, as a combination of work dissatisfaction and more confidence in the job market means that almost half of British workers (47%) – over 14 million people* – are considering moving jobs in the next year. Research** conducted by Investors in People (IIP) reveals that 28% of people feel that the job market in their sector has improved in the last year.

With a quarter of British workers (24%) describing themselves as unhappy in their jobs and the economy creating more opportunities, IIP is calling on Britain’s businesses to take action now to avoid losing talented staff, and having a costly bill to replace them.

As the economy recovers, the figures suggest that many British workers have been ‘laying low’ in jobs they are not happy with due to a fear of job insecurity. Almost one in four (23%) workers say that if the economic situation had been better a year ago, they would have looked to move job sooner.

Work dissatisfaction is coupled with a feeling from many workers that changing job is more feasible now than in recent times. Over a quarter (28%) of workers feel the job market in their sector has improved in the past year. This feeling is strongest among younger workers, with 43% of those aged 16-24 believing that the job market is more positive than a year ago. Men are more likely to move jobs in the next 12 months, with 49% considering doing so in comparison to 43% of women.

The research showed that British workers are looking to be valued, not just to have higher wages, with two thirds (63%) stating that greater job satisfaction is their main incentive for moving, well ahead of pay (48%). Almost half of workers (47%) said that bad management is a leading cause of their unhappiness at work, and over a third (34%) of employees feel that their skills and talent would be better valued elsewhere.

Valerie Todd, chair of IIP and Director of Talent and Resources at Crossrail commented: “The end of the recession is good news for businesses. Financially, we are in more stable times and recent figures from the Office for National Statistics show unemployment is at a three year low of 7.6%.

“However, an upturn in the economy means that dissatisfied workers now have more confidence to look elsewhere, so business owners who aren’t doing all they can to value their staff can no longer be complacent. Our research suggests that many British workers have been biding their time during the recession and not actively looking for a new job. However, as the job market improves, companies who don’t value their staff risk losing them to rivals and having to spend time and money recruiting and training replacements. Now is the time for businesses to take action to retain their talented people.”

The survey shows that a good reputation as an employer is attractive to potential new employees, with 53% citing this as one of the main factors they look for when job searching. Scope for career development and investment in training was also highlighted by 46% of those questioned.

IIP is the UK’s leading accreditation for business improvement through people management, and provides a wealth of resources for businesses to innovate, improve and grow, with a focus on good people making great business. IIP provides resources and insight to help businesses get the best from their people.

IIP is also a leading partner, alongside the CIPD, CMI, CIMA and RSA, in the recently launched Valuing your Talent initiative, a major new research and engagement programme which sets out to link investment in staff with a company’s bottom line.

For more information on Investors in People, please visit: http://www.investorsinpeople.co.uk/

For more information on Valuing your Talent, visit http://www.cipd.co.uk/hr-resources/valuing-your-talent.aspx

Investors in People has launched a free health and wellbeing tool to help businesses find out what more they should be doing for their staff, and how their business could benefit as a result. Click here to find out more.