Bosses and managers have been called to review their leadership style and learn new skills, or face losing talent in their organisations.
A survey was carried out in June and July 2019, by Jobrapido - a Symphony Technology Group company - and conducted on 1444 employees across more than twenty different industry sectors including sales, marketing, engineering, transportation, construction and technology.
The research shows that 36 per cent of workers in the UK are planning to leave their jobs in the near future - because their boss does not inspire them. In addition, they reported that there is no clear career structure created and that their boss does not listen to them.
Two thirds of respondents stated that they planned to leave their employment within the next twelve months due to their boss’s poor leadership style.
When the respondents to the research were asked what would persuade them to remain in their jobs, 47 per cent stated that their boss should inspire them - making them want to stay with the company. An additional 39 per cent believed the most important quality for a manager was the ability to listen and 10 per cent thought that bosses should provide a clear career structure for all their staff - not just a select few.
These latest statistics are further bad news for business owners who already face challenges in attracting and retaining their talent. Eurostat - the statistical office of the European Union - report a 2.7 vacancy rate in the UK, which is the highest level compared to the last decade.
Rob Brouwer - CEO of Jobrapido - stated:
“In the UK, the demand is becoming vigorously strong and far outstripping the supply for talent. There is clearly a need for bosses, line manages and HR departments to pay even more attention to the need not only to attract the best talents on the market but, once on board, to look at all the way to engage and retain them.
The issue can arise because staff and senior management, whilst technically brilliant at the job and or excellent at running a business, have never received training of how to lead, manage and nurture the careers of other members of their team.
If Britain’s bosses are keen to retain their staff, then they should look at way to inspire them and perhaps, getting direct and constructive feedback via 360 degree reviews from all their staff. Also, wherever possible, look at how they can address any concerns and give adequate responses.
At the same time, no boss or line manager should think they are above learning new skills if it can help to bolster the company spirit and retaining talent. Embarking on the right leadership training or a series of courses will be an important step to inspire staff so they feel inclined to stay for many more years within the company, considering how crucial the talent is for a company business and its success on the short and the long term.”
