Places People Prefer

The Office
Agenda

The Office Agenda brings together our extensive insight into what makes an office that people – from employees to the board – prefer.

Places People Prefer

The Office
Agenda

People

Workers on the move

With a majority of office-based workers considering a change of job, we look at the most restless sectors and how to encourage talent to stay

More than two-thirds of British office workers may move jobs this year as an increasingly demanding workforce looks not just for better career opportunities or reward, but also, according to our survey, for better locations, facilities and office amenities.

Our research reveals that workers in London are most likely to move, with 35% saying they will definitely leave their job this year, compared to 25% of workers outside the capital. A further 39% of Londoners say they might change employer in 2016, as do 34% of those outside the capital.

But it is the Millennials – those aged 18 to 29 – who show the greatest desire to move, with 75% asserting that they might, or will definitely, change jobs this year. Indeed, 37% say they are actively looking for a new job.

This is food for thought for employers relying heavily on a workforce of Millennials, especially as improving an office environment can often simply be a matter of getting rid of “niggles” according to David D’Souza, Head of London at the Chartered Institute of Personnel and Development (CIPD).

“Companies often think that employees want very expensive improvements when it comes to their office, but I’ve found that, often, something at the top of the wish list can be as trivial as shifting more desks into natural light,” says D’Souza. “Employers might be surprised at what their staff want if they have open conversations with them more often.”

Regular engagement

Employee engagement surveys are all well and good, but “it’s no good doing a survey and then forgetting about it,” says D’Souza. “The conversation between employees and management needs to be regular and focused – not on the standard topics of pay, rewards and leadership, but on factors that will improve lifestyle, work-life balance and productivity.”

He adds: “Employers want loyalty and employees need to feel valued and engaged. Ideally, you need a fusion between employees, lifestyle and the environment, so they work seamlessly and happily together. You’ll only find out what works best with a constant dialogue. That means having regular conversations – and maybe even setting up employee panels or having competitions for ideas about improving the environment.”

Sectors at risk

According to our research, the sectors that look set to be hardest hit by footloose workers are education and professional services, where 43% of office-based workers say they are actively looking for a new job, and retail, where the figure is 40%.

Millennial-centric sectors such as technology also face challenges in retaining talent, with 63% of workers considering a move this year. Transport is the only sector where under half of office-based employees say they might leave during 2016.

Sectors most likely to be affected by shifting talent

It’s clear that today’s workers are not only open to new opportunities, but actively planning their future careers. The idea of working your way up through the ranks of one company is no longer the default strategy it used to be, and employers have to work harder to cultivate loyalty and retain talent.

Our research also shows that 86% of workers would stay longer with an employer that had the ideal office location and features. Further, 84% say that, when deciding between similar jobs, the office location and features can help decide their choice.

Given the findings, an ideal working environment could play a significant part in making the difference between retaining and attracting key staff, or losing them to a rival. Finding out what your target employees desire, and delivering accordingly, could be the best way to capture those restless workers and stop your own star talent slipping away.

Tagged in: FACILITIES, RETENTION, TALENT

People

The changing face of the City

How the Square Mile is adapting to attract global talent

The changing face of the City

People

The Place to be

What makes a location special? A new book on Regent’s Place aims to find out

The Place to be