ATHENS, Greece, January 27 /PRNewswire/ --
Employees may be feeling more loyal to their own career goals instead of their employers, as 21% do not feel loyal to their current employer and 22% said they are likely to leave their current position to change jobs in a year or less. This is according to kariera.gr's latest survey of workers and employers in Greece.
When workers feel disloyal to their employer, they are more likely to be less productive and proactive in their role, and ultimately, are probably keeping their eyes open for a new position elsewhere, said Theofilos Vasileiadis, Managing Director of kariera.gr. While already weathering the storm of a downshifted economy, employers may need to factor in additional recruitment costs into their budgets to keep their workforce stacked with qualified talent.
The price tag of frequent turnover can be quite high. According to the survey, 41% of employers have an average cost per hire of 1,000 Euros or more; 9% estimate their cost-per-hire at 2,000 Euros or more.
Once employers factor in the costs of hiring new employees, it can take a significant amount of time to make up those expenses. 36% of employers estimated that it takes them more than six months to recoup expenses associated with recruiting and training someone once they're on board with the company; 12% said it takes more than one year.
Workers cited a variety of reasons for why they felt disloyal to their current employer:
-- Not enough career advancement opportunities -- 51% -- Employer doesn't pay enough -- 50% -- My efforts are not recognized or appreciated -- 50% -- Don't like the work culture -- 38% -- Employer doesn't provide enough ongoing training or education -- 30% -- Benefits are not good enough -- 26% -- Work is not challenging enough -- 24% -- Don't feel my employer values me -- 23% -- Don't like my boss -- 17%
Survey Methodology
This survey was conducted online within Greece by Kapa Research S.A. on behalf of kariera.gr among 237 hiring managers and human resource professionals (employed full-time; not self-employed; with at least significant involvement in hiring decisions); and 656 Greek employees (employed full-time; not self-employed) ages 18 and over between July 1 and July 14, 2008 (ages for some questions are based on a subset of Employers or Employees, based on their responses to certain questions).
About kariera.gr
Kariera.gr is the leading job site in Greece. It began to operate in February 2000 and has become the largest and most renowned job site in Greece with over 156.000 unique visitors per month and more than 145.000 jobseekers' CVs.
Media Contact: Maria Xenou Communication Events Director +30-210-67-47-100 (ext. 114) mxenou@kariera.gr
Maria Xenou, Communication Events Director of kariera.gr, +30-210-67-47-100 (ext. 114), mxenou@kariera.gr
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