Why Employees Leave

In a recent survey conducted by TMS* it concluded that Career progression was rated as one of the most dominant issue facing employees when considering to leave, or stay with their present company.

• 87% of respondents rate salary as important
• 96% of respondents rate career progression as important
• Only 41% of respondents rate career progression in current job as good  

Career progression emerged as one of the most dominant issue facing today’s talents.  While the number of respondents listed career progression as being ‘important’ or ‘very important’ totaled 96 per cent, this figure contrasted starkly with the just 41 per cent figure recorded by those respondents who only saw their chances of career progression as ‘good’.  A further 16 per cent indicated they viewed their opportunity to progress as only ‘fair’.

This again underlined the fact that in today’s industry environment, career opportunity and ongoing skill development have become equally if not more important as actual salary. 

Companies that offer career development programs stand a far better chance of retaining staff.  The key is to have an understanding of individuals’ longer term goals and, having identified those goals, ensuring they continue to work closely with their staff and help them gain the critical skills and experience they need to progress within the company.

*TMS is a top-tier specialist travel, tourism and hospitality recruitment and HR services company based in Singapore. The company’s overseas operation includes offices in five Australian state capitals, Bangkok, Dubai, Hong Kong, Shanghai and Beijing and affiliate offices in the UK.