How engaged are your employees compared to the rest of Australia? Are you close to our benchmark Best Practice?  Through our research based on national data, the 1st Executive Workforce Healthcheck Diagnostic will give you comparative information on how your company measures up. Click here to fill in to submit your details and order the FREE version of the Workforce Healthcheck Diagnostic today.

Australia’s unemployment rate has hit a new 30 year low, falling to just 4.5% as at February 2007. What this shows is that the labour market is not easing, in fact – it’s getting tighter, and will continue to do so at an accelarated rate over the next 12 years.  Add to this the recent increase in wages released by the Wage Price Index, with Mining and Utilities amongst the industries enjoying a 4% wage increase, and there is significant pressure on employers to engage their key talent over the long term.  

1st Executive’s report into Australians’ attitudes to work – The Great Divide has revealed that the pressure is on for employers to attract and retain key talent primarily because employers are alarmingly out of touch with their employees.  Whilst almost 90% of employers believe that up to 80% of their workforce will be stable for at least two years, employees are demonstrating record disloyalty.  75% of employees report they will leave their current employer inside two years, meaning employers are forced to replace their entire workforce inside three years! With each replacement costing your business a minimum of $150,000 can you afford to replace your entire workforce inside 3 years?

 How does your organisation compare to the Australian Average?  Will your workforce remain stable longer than 2 years? Order the FREE version Workforce Healthcheck Diagnostic today!