- A third of people looking for a new role are doing so because they feel unappreciated by their employer according to a poll* announced today by Monster.co.uk.
- Monster teams up with Tourism Queensland to promote the Million Dollar Memo competition giving companies the chance to win the Ultimate Reward
Of those claiming to be very happy*, three quarters (75 per cent) said one of the main reasons they were so content was their employer valued their contribution to the company. Indicating a strong correlation between recognition of a job well done and job satisfaction, of those who were unhappy a mere 38 per cent felt their efforts were appreciated.
In support of this the survey further revealed that those who felt unrewarded were far more likely to be looking for a new job. Thirty-four per cent of those who were “very unhappy” said the main reason they were looking for a new role was because they didn’t find their current role challenging or rewarding enough. Other key reasons for wanting to change jobs were a desire for better salary and benefits (24 per cent) and to find something less stressful (13 per cent).
Isabelle Ratinaud, Monster UK & Ireland spokesperson said: “Staff retention is a perennially important issue faced by every business in every industry. There will always be demand for talented employees and the challenge is to ensure that your business is the one offering that ’better job’.
“Investing in an amazing Christmas party or a company away day is a small price to pay when you think of the many benefits it will return by making your staff feel like they are well rewarded for their efforts. Grand gestures such as these are perhaps out of reach for many businesses but employers should never under-estimate the power of the simple act of saying thank you in person.”
To raise awareness of the need for employers to reward their staff for a job well done, Monster has teamed up with Tourism Queensland to promote the Million Dollar Memo competition, which is inviting companies and workplaces worldwide to compete for the Ultimate Reward - one million dollars (AUD) worth of travel experiences to Queensland, Australia, uniquely tailored for the winning company. The competition is open to anyone from any organisation, company, business or workplace in any country.
Tourism Queensland spokesperson said; “Whether it is awe inspiring adventure, relaxation on tropical islands and beaches, up-close encounters with some of the great wonders of the natural world or simple enjoyment of the laid back Queensland lifestyle, we’ll tailor the travel experiences for the winning company and ensure its employees enjoy the Ultimate Reward. All you need to do is put together a video entry that demonstrates why your company is a great place to work and why Queensland is the ultimate reward destination. Visit www.milliondollarmemo.com for more information on how to enter.”