This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
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
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

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

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

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
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

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

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
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!
SYM TRADE IT LAST %CHG

Markets

DOW 18,214.42 -10.15 -0.06%
S&P 500 2,110.74 -3.12 -0.15%
NASDAQ 4,987.89 +20.7530 0.42%

Partners Compare Online Brokers

Free Reports

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