Voluntary groups ’struggle’ with employee retention

Posted in News on the January 25th, 2008

Those working for charities are struggling with employee retention, a new survey has shown.

According to figures released by consultancy TalentDrain, 60 per cent of the organisations questioned state that their annual workforce turnover is at least 16 per cent.

However, the study also unveiled that 93 per cent of those in the voluntary sector want to reduce levels of staff turnover.

In addition, about three-quarters (73 per cent) of groups operating in the voluntary sector do not have a plan in place to deal with staff leaving.

Such news could be of interest to employers at charities and voluntary bodies looking to make best use of talent management practices.

Commenting on the figures, Ron Eldridge, co-author of the report, said: "Unless more organisations monitor staff turnover, understand who is leaving and why and implement targeted interventions, then employee retention will continue to slip through the cracks."

Earlier this week, Charles Cotton, rewards specialist at the Chartered Institute of Personnel and Development, claimed that some charity employers may view their offering of a final-salary pension scheme as a means of retaining staff.

More about talent management.

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