Research has indicated the lowest levels of Employee Engagement in the UK is in the finance sector, the sector has been revealed as the most unmotivated industry. Research commissioned by Talent Q reveals by failing to motivate and engage employees effectively, the finance sector is at risk of losing their best talent over the next 12 months.
The findings, taken from Talent Q’s ‘Putting the ‘I’ into engagement’ report – an in-depth survey of 1,255 employees, across sectors and job roles1 – offers insight into post-recession employee attitudes and individual workplace concerns. The research reveals that 46% of employees in the financial services feel unmotivated in their roles and 52% of people within this sector claimed they were planning to leave their jobs within the next 12 months. This is supported by research from Hay Group which revealed employee turnover is set to spike at an average of 23% around the world in 2014 and more specifically at 18% in the UK in 2015.
“Across the board, a significant proportion of those working in the financial sector are unmotivated, disengaged and ready to leave their current role. This is an alarming state of affairs.
Architecture, Engineering and Building sectors had the highest level of motivation with 79% of employees reporting being ‘fairly’ or ‘very’ motivated.
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