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More than half of New Zealanders changed jobs in the past 12 months, giving New Zealand one of the highest staff turnover rates in the world. The Kelly Global Workforce Index survey interviewed 120,000 employees in 31 countries including 3,500 New Zealanders.
New Zealand was ranked joint-fifth for staff turnover, along with Brazil and Luxembourg, with 55% of those surveyed moving jobs in the past year. Ahead of New Zealand was Australia (62%), France (61%), Portugal (58%) and Denmark (56%).
Wendy Hewson, general manager for Kelly Services, advised that New Zealand employers need to be aware that their employees are among the world’s most mobile, and retaining them is not simply a matter of more pay.
Ms Hewson said: “Our latest information shows that the New Zealand workplace has seen quite a high level of employee turnover in the past year. In order to retain and engage their workforce, local employers need to be looking very closely at the mix of benefits and conditions they are providing in their business.”
“This is particularly important as a resurgent economy begins to put more pressure on the job market and increase the competition for key skills,” she stated.
In order to understand what attracted employees to new employment opportunities, the surveyors asked whether they would recommend their employer and why.
Ms Hewson reported: “More than a quarter of New Zealand employees are very likely to recommend their employers to a friend or colleague, while around 9% wouldn’t. The reasons they would recommend their employer are extremely interesting – highlighting the areas any business needs to focus on in order to become an employer of choice.
“It’s telling that company culture and reputation features so strongly in employees’ recommendations, underscoring how important it is to focus on culture in order to attract and retain the best employees,” she concluded.