TalentKeepers Study Finds Employee Retention and Engagement Rise in Strategic Importance for US Companies as Job Outlook Improves

May 7, 2013
WINTER PARK, Fla. – With the economy and employment continuing to improve, employee retention once again is rising in importance for a majority of employers. Eighty two percent of organizations report increases in funding and new initiatives for retention and engagement in 2013. This and many other trends in talent management and human resources are included in a national research final report released today by TalentKeepers. The study’s ninth annual report, Employee Engagement and Turnover Trends 2013, is now available.

Employers recognize that many employees waited patiently, working in less-engaging jobs during the recession, but now are growing impatient as more companies once again are hiring. Among all employers, 59 percent expect job and career factors to be the main reason employees leave in 2013, an 11 percent increase from 2012. Poor leaders historically have been a primary reason behind job changes, but the economic doldrums slowed job and career advancement for many workers and 2013 looks like the time many will seek job and career advancement.

In another finding, increased executive accountability and added funding for talent strategies is driven by mounting knowledge of the link between engagement, retention and business results. “Executives understand the relationship between an engaged workforce, how well they retain strong performers and their ability to achieve productivity, sales and service goals,” said Christopher Mulligan, CEO of TalentKeepers. He added, “Our research reinforces the trend that engaging and retaining talent is viewed as a key business strategy that requires funding and support to be successful.”

Human resources executives and other leaders seeking to add to their knowledge of best practices for engaging and retaining today’s talent can benefit from this report.

To receive an electronic or printed copy of the full report, contact Craig Taylor at ctaylor@talentkeepers.com.

About TalentKeepers
TalentKeepers is a leader in employee engagement and retention strategies built on thirteen years of research. Our talent management solutions span the employee life cycle and engage executives, leaders, teams, and front line employees to engage and keep valued employees. TalentKeepers is one of the most trusted names in the talent management industry. Learn more at www.talentkeepers.com.

Press Contact:
Craig Taylor, 407-660-6041 x109