Businesses lose key staff

Disillusion and uncertainty is leading to a growing number of managers to quit their jobs, claims the Chartered Management Institute (CMI).


Disillusion and uncertainty is leading to a growing number of managers to quit their jobs, claims the Chartered Management Institute (CMI).

Disillusion and uncertainty is leading to a growing number of managers to quit their jobs, claims the Chartered Management Institute (CMI).

Some 4.7 per cent of all managers resigned last year, compared to 4.5 per cent in 2008.

More than half the employers questioned (53.8 per cent) admitted that restructuring and job insecurity caused many of their managers to jump ship, with 38.5 per cent citing a failure to offer career opportunities and training.

Employers may also be failing to persuade key staff to stay, with requests for internal transfers as an alternative to leaving down from 5.8 per cent to 3.6 per cent.

Ruth Spellman, chief executive of the CMI, says that management are prepared to run the risk of unemployment. ‘Employers must concentrate on building remuneration packages that incorporate earnings with development opportunities, offer flexible approaches to work and recognition of the need to better engage with staff,’ she adds.

Of the 197 organisations surveyed, 46 per cent cannot fill vacancies, with 77 per cent of those citing the lack of specialist skills as a key reason.

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