Motivation to stay with a company long-term
One of the key factors companies within the sector should be concerned about is that 70% of the logistics and supply chain professionals worldwide are either uncertain whether they want to stay with their current employer or have already decided to move on to a different company. This underlines that employee turnover and retention remains one of the major challenges companies face today.
Dissatisfaction with salary is a common excuse cited for staff turnover. However, it is rare that salary alone causes the typical employee to leave. So what other key factors have to be present in a work environment for employees to feel valued and remain with their employers?
In addition to Career Opportunities, receiving recognition of one¨s achievements from the management and a good relationship with co-workers motivate logistics professionals to stay with their employer.
|
Rank |
Asia |
Europe |
Americas |
|
1 |
Salary 50% |
Career Opportunities 49% |
Career Opportunities 61%
Salary 61% |
|
2 |
Career Opportunities 47% |
Salary 39% |
Corporate Culture 39% |
|
3 |
Management Recognition 34% |
Management¨s Recognition 34% |
Management Recognition 35% |
|
4 |
Training & Development 21% |
Relationship with Co-workers 26% |
Relationship with Co-workers 26% |
Motivation to stay with a company long-term
Although recognition is a decisive factor in retaining employees, 50% of logistics professionals worldwide report that their achievements are not recognized by their management. In addition, clear development plans are lacking across all regions, as shown by the survey results. Thus it is not a surprise that more than two thirds of the employees have either already decided to change employer or at least consider to move on.
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