A 17 percentage point decrease in employment engagement since 2006 threatens the UK's economic recovery, according to consultants Mercer.
A survey of 1,000 employees from 79 multinationals suggested that a "reward perception gap" has arisen in many workplaces as employers "misjudge drivers behind staff attraction, retention and motivation" and "underrate the importance of base pay, job security and work-life balance to employees while overrating bonuses and career development."
Mercer’s head of human capital in the UK, Chris Johnson, said: "There is a direct relationship between an engaged and motivated workforce and company productivity.
"At a time of economic uncertainty, we’d expect high employee engagement, especially with many staff appreciating their companies’ efforts to limit redundancies during the recent recession. The reverse seems to be true — primarily due to a mismatch in perceptions."
Most respondents believe their reward levels to be average or worse compared to rivals, despite employers believing the opposite.
A survey of 1,000 employees from 79 multinationals suggested that a "reward perception gap" has arisen in many workplaces as employers "misjudge drivers behind staff attraction, retention and motivation" and "underrate the importance of base pay, job security and work-life balance to employees while overrating bonuses and career development."
Mercer’s head of human capital in the UK, Chris Johnson, said: "There is a direct relationship between an engaged and motivated workforce and company productivity.
"At a time of economic uncertainty, we’d expect high employee engagement, especially with many staff appreciating their companies’ efforts to limit redundancies during the recent recession. The reverse seems to be true — primarily due to a mismatch in perceptions."
Most respondents believe their reward levels to be average or worse compared to rivals, despite employers believing the opposite.
Source: www.check4jobs.com
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