This Week's Herman Trend Alert Talent Production and Attraction in 2015

The Herman Trend Alert August 6, 2008 The Pitiful State of Employee Engagement Recently, global consultants BlessingWhite released a landmark study on the State of Employee Engagement with survey results gathered from North America, the United Kingdom (and Ireland), and the Asia Pacific Region. Engaged employees are excited and use their talents and discretionary effort to make a difference for their employers. In North America, fewer than one in three (only 29 percent) of employees are fully engaged and 19 percent are actually disengaged. The company also found a strong correlation between employee engagement and retention. An impressive 85 percent of engaged employees expect to stay with their organizations throughout 2008. Moreover, the study found that engaged employees stay for what they can contribute (they like their work), while disengaged employees stay for what they can get (job security, favorable job conditions, and growth opportunities). The picture in the UK and Ireland is slightly worse; there less than one in four (23 percent) employees is fully engaged and nearly as many are actually disengaged. Also, fewer of the engaged employees than the North America statistics (only 76 percent) expect to stay in 2008. In this region, the most common factor influencing job satisfaction is "more opportunities to do what I do best". In the Asia Pacific region, results vary widely with Indian workers registering as the most engaged (34 percent) and Chinese workers the least engaged (only 10 percent). Workforces in Southeast Asia are about the same as their European and Australia/New Zealand counterparts with only about one-quarter of employees fully engaged. (Unfortunately, no data are available for South America; http://www.blessingwhite.com/EEE__report.asp) On the converse of the data, most regions report over 70 percent of today's employees are not fully engaged. This condition puts them at risk for employee turnover and their employers at risk for not being as profitable. The new generations take much more license to change jobs. Other data from the study has revealed that the most vulnerable sectors are Technology, Communications/media, Retail/hospitality/travel, and Healthcare. Unless employers take immediate steps to engage those workers (once the world economies improve) they will be the victims of significant turnover, particularly among the younger workers. © Copyright 1998- by The Herman Group, Inc. -- reproduction for publication is encouraged, with the following attribution: From "The Herman Trend Alert," by Roger Herman and Joyce Gioia, Strategic Business Futurists. (800) 227-3566 or http://www.hermangroup.com. The Herman Trend Alert is a trademark of The Herman Group, Inc." IS YOUR EMPLOYER AN EMPLOYER OF CHOICE®? Our effective, onsite seminars, workshops, and consulting can help you get there. We offer 1-, 2-, 3-hour, and full-day programs to help you communicate what it takes to become an Employer of Choice® and inspire your folks to get it done. In the future, being an Employer of Choice® will not be optional. Call Carol at 336-210-3547 to arrange a no-obligation conference call. Email info@EmployerOfChoice.com for more information. Or order the electronic version of the Employer of Choice book on your desktop for only $17.80 @ http://hermangroup.com/store/books_all.html#2. EMPLOYERS AND JOBSEEKERS: MARK YOUR CALENDARS Advertise at or attend VetJobs Virtual Career Fairs. VetJobs, the top veterans' job board, and PSI, the premier diversity job fair producer, are teaming up to launch these VeteransCONNECT events. Early employer registration is now open with employer loading by February 15th. Candidate loading begins March 1st. They anticipate 25-30 employers and have an attendee goal of 2,000 skilled jobseekers. Promoted extensively, early registration for this event begins is open NOW. To register or request additional information, please contact VetJobs at 877-838-5627 or e-mail info@vetjobs.com; they will forward an electronic flyer right away. Employers: Mention the Herman Trend Alert to receive a Bonus. CALCULATE THE HIGH COST OF YOUR EMPLOYEE TURNOVER With our Bliss-Gately tool, you can calculate the many hard and soft costs, down to the last penny. Great for justifying your investments in retention! At only $249/computer or $999 for a 6-site license, it is a real bargain! Visit http://www.hermangroup.com/store/software.html to order yours today! Herman Trend Alerts are produced by the Herman Group, strategic business futurists, Certified Management Consultants, authors, and professional speakers. New subscribers are welcome. There is no charge for this public service. 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