New York (Sept. 2, 2003) -- Nearly half of middle managers in the United States are either currently looking for or plan to look for another job, according to a survey from consulting giant Accenture.
The poll, which queried more than 500 middle managers, revealed that 38 percent of respondents are currently looking for another job, and another 10 percent plan to do so when the current job market strengthens. Of those currently looking, some 64 percent said they would heighten their search when the market improves.
When asked to identify the one factor most motivating them to seek other employment, 56 percent of those surveyed cited better pay or benefits. About 12 percent cited better conditions or job prospects, while 8 percent identified better training and development opportunities.
“Given the early indicators of a possible U.S. recovery, companies need to identify their top performers, rethink their investments in them and find ways to keep them happy and loyal,” said Edward Jensen, a partner in Accenture’s human performance service line.
“As a first step, they should understand the issues that are top-of-mind for those managers. They should then address those issues with specific programs, which might include compensation discussions, but may also focus on quality of life or training and development concerns.”
-- WebCPA staff
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