Exploring the engagement and retention relationship

With resignation on the increase it makes good business sense to focus on retaining the talent you already have.

Recent research from Oxfordshire-based management consulting firm, The Focus Group finds that 60% of the 950 executives polled will be looking to jump ship on the economic upturn, thus creating a major void in 450 organisations. And the available evidence suggests that rates of employee attrition are already rising.

Resignations have increased over the past year despite growing fears over job security, new data has found. The 2010 National Management Salary Survey carried out by Celre, and published by XpertHR and the Chartered Management Institute (CMI), has revealed that in the year to February 2010, resignations across the UK’s labour market stood at 4.7%, compared to 4.5% 12 months ago.