The employee-employer relationship is undergoing a massive transformation in the wake of the Great Recession, according to a global survey by professional services firm Towers Watson.
In today’s workplace, employees prefer the stability of a job for life with one company instead of jumping from job to job, the Global Workforce Study found.
Key findings of the survey of 20,000 employees in 22 countries include:
— Security and stability trump all.
— Employees know they are responsible for their own financial security, health, career and performance “but have serious doubts about their ability to take on these roles.”
— Mobility is low as many employees give up potential career growth for job security.
— Employee “confidence in leaders and managers is disturbingly low.”