A recent poll of UK CEOs has uncovered that nearly three quarters (73 per cent) of employees cite personal issues, including stress, as the main reason for changing jobs – above pay (34 per cent) and job dissatisfaction (19 per cent). The research, commissioned by Skillsoft, also found that a lack of opportunities came near the bottom of the list, with only 7 per cent of respondents feeling this was cause for concern and a key reason to leave a company. These findings suggest that, in most cases, reasons for employees leaving may go beyond just pay and progression, with undisclosed “personal issues” having more of an affect on happiness in a role than managers may realise.
Kevin Young, general manager, EMEA at Skillsoft, said: “Many managers only find out an employee is unhappy in their role and the reasons for that on the day they leave or hand in their notice. By this time it is often too late to rectify the situation and do anything to keep a valued member of staff.”
“Personal reasons can include a wealth of issues that impact upon a person’s ability to do their job effectively. The findings highlighted areas where companies can use training to help staff remain happy and motivated in their work. By ensuring that each employee has their own, tailored training programme and an opportunity to voice any concerns, employers can feel confident that they are giving staff every opportunity to succeed, despite other personal pressures they may be under,” adds Young.
Businesses are starting to recognise the value of providing staff with resources and training related to well-being, by offering help and advice on both professional and personal issues. Indeed, in 2012 use of Skillsoft’s Well-BeingEssentials book collection on its Skillport elearning platform found that titles about boosting self-confidence and motivation, as well as how to get more done in less time were popular reads.
The UK study, conducted by Opinion Matters on behalf of Skillsoft, surveyed 503 CEOs of businesses with more than 250 employees, across 13 business sectors.