Minneapolis, MN, October 25, 2017
Ceridian, a global human capital management technology company, today released the results of its 2017 Pulse of Talent Report. The survey’s theme was Key Factors for Retaining Top Talent – a deep dive into why high-performing employees leave, or remain in their jobs. The Report, which was conducted by The Nielsen Company on behalf of Ceridian, asked 1,602 U.S. and Canadian employees about their views on work, job hunting and retention.
“Organizations need top talent to succeed, and the key to retention is building a culture of excellence,” said Lisa Sterling, Chief People Officer, Ceridian. “Our data shows organizations that want to keep their best people need to invest in their culture, and the elements that maintain that culture: authentic values, clearly articulated business goals, learning and development, and the flexibility today’s worker demands.”
The survey’s findings show employee loyalty is about more than money: it’s about positive relationships, strong teams and values representative of the organization. Key survey findings include:
The Report also delved into differences between generations of workers. Among the findings:
The Report’s results show an engaging work culture – measured by positive relationships with managers and colleagues, as well as interesting work – will convince respondents to stay. Nearly half of all high performers (49 percent) listed coworkers as a reason to stay at their current employer – slightly more important than salary (48 percent). Other reasons included interesting work (47 percent), good working conditions (46 percent) and job security (46 percent).
“While salary creates a baseline for happiness at work, it isn’t everything,” said Sterling. “Organizations looking to retain their most effective employees need to invest in a culture that will keep them happy. Work/life balance, opportunity for advancement, and a positive work environment all play a role.”
“Organizations looking to attract and retain tomorrow’s best workers need to get beyond engagement,” she said. “They must begin thinking about their culture holistically – what their values are, how those values will encourage positive relationships, and allow employees to grow and develop in their careers.”
Download the 2017 Pulse of Talent Report.
The 2017 Pulse of Talent Report was conducted by The Nielsen Company through its online research panel over the summer of 2017. 1,602 respondents from the U.S. and Canada were polled. Respondents represented salaried and hourly workers, as well as a mix of full-time and part-time employees 18 years of age and older.