Employee Exodus as New Year approaches

Employee turnover will soar in the New Year according to a survey commissioned by Video Arts, the award-winning provider of memorably entertaining training, with 1 in 4 employees are planning to leave their jobs in the New Year.

In addition, the survey shows that businesses should be most wary of their 18-24 year old employees, by far the most restless age group with over a
third (34%) planning to change their job in the New Year.

A quarter of those currently working believed that January is the most likely time they would leave their role to make a fresh start. 1 in 7 (14%) employees surveyed stated that they are most likely to leave after a Summer break, when feeling most refreshed and over 1 in 10 (11%) plan to hand in the letter of resignation around Autumn before the lead up to Christmas.

To help businesses minimise the disruption of resignation, Video Arts has launched Talent management: how to retain your best people - a brand new training programme that helps turn staff resignations into staff retention.

Martin Addison, Director, Video Arts said:

January can be the catalyst which encourages people to take action in terms of their career. Effective managers need to be able to recognise the warning signs, so they are able to stop their best staff from leaving and
limit the time and cost to their business. Talent Management - how to
retain your best people helps them find practical solutions for keeping hold of people planning to leave before itís too late - whatever the reason.

There are three main learning points covered in the programme:

Spot the warning signs highlights how you can tell when employees might by contemplating leaving, and why itís imperative these signs arenít ignored.

Ask questions shows how easy it can be to get to the bottom of someoneís problem, simply by talking to them and listening to what they have to say.

Look for solutions demonstrates how you can formulate a plan to stop the problem escalating and ultimately stop someone from leaving.

Tracy Flowerday, Business Development Director at leading recruitment consultant Badenoch & Clark, commenting on the research, said:

We would expect the New Year to be a busy time for the recruitment industry. There are many different reasons why employees might want to leave their jobs and, contrary to popular belief, money isnít usually top of the list. In fact, stress, feeling undervalued and boredom feature most highly. As an employer you should not ignore these issues; talk to your employees about their thoughts and feelings - share with them your vision for the future and be prepared to make changes to retain talented people.

Talent management: how to retain your best people is available to buy on DVD (including free bonus material) for 1,395 and on video for 995. A preview version is also available for 40, which will be refunded when you go on to purchase the full programme. Prices exclude VAT and delivery.

For more information on Video Arts and its programmes, please visit www.videoarts.com or call 0845 601 2531 to order a Resource Guide.