Despite a historically-low unemployment rate and the beginning effects of a labor shortage, the Spherion^® Emerging Workforce^® Study shows that many workers say their employers are not taking the necessary steps to retain them. In addition, less than half (43%) of the U.S. workforce say they are satisfied with their current jobs.

The most recent data suggest a continued disconnect between employers and employees regarding the effectiveness of various employee retention tactics such as:

• Financial compensation
• Benefits
• Work/life balance programs

Some key Study findings:

• 60% of workers don’t believe they are paid what they are worth.
• Only 24% of workers are satisfied with their growth and earnings potential.
• Healthcare benefits (78%) and compensation (75%) are viewed as the most crucial to retaining employees, according to surveyed workers.
  • Only 34% and 26% respectively are currently satisfied with these components of their job.
• 65% of workers said time and flexibility is extremely/very important to them, but only 37% say they are satisfied with their time and flexibility.
• 13% of workers say their company is putting more effort into retaining them now – even with the current candidate shortage.
• View the release for more Study findings.

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