U.S. companies report exit of high-performing employees

NEW YORK: Majority of U.S. organizations saw many high-performing employees leaving them in recent months amid highly competitive job market, says a survey. According to a study by Right Management, 75 per cent of US employers surveyed said they involuntarily lost their many high-performing employees over the past 12 months. While, only 13 percent of respondents' organizations saw no departures of top talent over the past 12 months, the remaining 12 percent said they didn't know if they lost top talent. "We found that most organizations are finding it tough to hold on to their best people even when there are relatively few job openings. "There's a furious war for top talent under way, constant poaching of high performers by competing companies and, overall, a very restive workforce. The latest survey shows organizations losing the employees they need and erosion that may accelerate once the job market picks up," Right Management Group Executive Vice President (U.S.) Bram Lowsky said. The trend has seen significant increase from previous year's when only 54 per cent of companies surveyed said high-performing workers departed. "Top talent always has employment options. They'll usually find some place that they feel appreciates what they bring," Lowsky added. The survey was conducted among 268 organizations throughout the U.S. between June and July.
Source: PTI