This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Here's The Core Truth: Adopt 'Apple-like' Innovation In HR If You Want Workers To Stick Around

LOS ANGELES, June 5, 2013 /PRNewswire/ -- Employers worldwide received a clear message from their staff today in a global study from Futurestep, a Korn/Ferry company (NYSE: KFY) specializing in high impact talent solutions: "think bigger on innovation in HR if you want to keep us onboard".

Exploring the potential impact of innovative methods in recruiting, engaging and developing staff, the study of more than 4,000 skilled workers from around the world reveals that nearly half are prepared to quit a job they're happy in if they feel they are being let down on promises around innovation.

With 44% of those surveyed admitting that they are "likely" to look around for another role if innovation fails to materialize, equally worrying will be the news that the clock is ticking. Employers have a window of just six months to deliver on innovative ways to engage and develop their people according to the majority. A further four in ten confirmed that 'phantom innovation' would make them feel negatively about the brand as a whole.

Citing companies including Apple, Google, Coca Cola and Facebook as their 'innovation idols', while workers around the globe want to see innovation from day one, they're ready and willing to give back:

Big Demands:

  • Over ¾ expect employers to be innovative in the way they retain and engage their staff…
  • …72% expect employers to be innovative in the way they develop people…
  • … but only 36% think that their current company is innovative in those fields

Big Returns:

  • 79% agree that innovative approaches to engagement and development would make them more likely to perform better in their jobs…
  • …49% say they would be more likely to take a job advertised or offered in an innovative way…
  • … and 51% believe that innovative approaches to recruitment would make them feel more positively about that company overall

The study confirmed that in today's competitive employee market innovation will turn the head of the happiest employee. Two thirds of employees said they would leave a role if they were targeted with a job that offered more innovative benefits, while 55% would leave a role they are happy in if approached in a particularly innovative way.

1 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,112.17 +81.03 0.48%
S&P 500 1,996.65 +12.52 0.63%
NASDAQ 4,535.3980 +16.4960 0.36%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs