Talent Management Facts #26

November 11, 2012 by Ken Nowack

“42.7 percent of all statistics are made up on the spot.” 

Steven Wright

Another addition of leadership and talent management “facts” from all over the world.  Some intuitive and some not….what do you think?

1. Half of all employees who say that they do not feel valued at work report that they intend to look for a new job in the next year according to a survey by the American Psychological Association (APA). Conducted online among 1,714 adults between January 12 and 19, 2012 on behalf of the APA by Harris Interactive, the survey found that employees who feel valued are more likely to report better physical and mental health, as well as higher levels of engagement, satisfaction and motivation, compared to those who do not feel valued by their employers.

2. A four-year study of 60,000 workers in six countries by the Kenexa High Performance Institute indicates that worplace stress in the UK is at an all time high (35% of UK employees report unreasonable level of stress) and the EAP firm Harris, Rothenberg International reported 23.3 return-to-work and fitness-for-duty referrals in a month in 2008 compared to 51.2% in 2011 without any significant increase in the number of employees covered by their services.

3. Software provider TeamViewer surveyed more than 2,600 U.S. workers and repported that 62% want the option of telecommuting (the Society of Human Resource Management in a 2011 survey found that 55% of employers offer telecommuting).  Of those surveyed 12% said they were willing to skip daily showers and 5% said they would give up their partner in order to telecommute.

4. In a sign that the economy is still a bit tough, a survey by Visa found that U.S. kids are receiving an average of $2.60 for each tooth they put under their pillow compared to $3.00 last year.  It appears that young adults should continue to avoid biting the hand that feeds them.

5. New research published by Indiana University’s Herman Aguinis on over 600,00 individuals suggests that 20% of your workforce are high performers responsible for the majority of your firm’s performance and should be cultivated for further compensation and development.  This research doens’t support the idea of employee performance being a normal curve and suggesting that identifying the “superstars” to recruit, cultivate and keep are essential to be competitive today.

6. According to a recent study by Maritz Research (on-line panel of 1857 individuals who work 30+ hours a week), approximately 25 percent of employees report having less trust in management than they did last year.  Only 12 percent of employees believe their employer genuinely listens to and cares about its employees, and only seven percent of employees believe senior management’s actions are completely consistent with their words.

7. i4cp’s 2012 Critical Human Capital Issues Survey, which was conducted in December 2010 filtered for organizational with 1,000 or more employees (506 respondents in 2012 and 632 in 2010) found the following changes in the top five critical issues: 1) Leadership development (increased importance); Managing change (decreased importance); Talent Management (increased importance); Managing organizational change (new issue); and 5) Succession planning (increased importance).

8. Today, 53% of corporate entry-level jobs are held by women, a percentage that drops to 37% for mid-management roles and 26% for vice presidents and senior managers, according to McKinsey research.  Men are twice as likely to advance at each career transition and more likely to do things to prevent burnout, compared to women, including: 25% more likely to take breaks throughout the day for personal activities 7% more likely to take a walk 5% more likely to go out to lunch 35% more likely to take breaks “just to relax.”

9. Almost nine out of 10 European employers have cut or frozen spending on skills and training in the last 12 months despite a continued concern over skills shortages, according to report from consultancy Accenture commissioned by the Federation of Enterprises in Belgium (FEB) for the European Business Summit 2012.

10.  In the UK, a recent survey of 417 professionals suggested that the number one priority for organizational learning in the next 12 months is leadership development.

Classroom training remains the most popular form of delivery, used by 90% of organisations. 85% use video clips; 49% create their own ‘self-authored’ e-learning, 45% buy-in e-learning resources from specialist providers and 11% use mobile learning as part of their L&D strategy.

Back to research some new talent development facts….Be well….

 

Kenneth Nowack, Ph.D. is a licensed psychologist (PSY13758) and President & Chief Research Officer/Co-Founder of Envisia Learning, is a member of the Consortium for Research on Emotional Intelligence in Organizations. Ken also serves as the Associate Editor of Consulting Psychology Journal: Practice and Research. His recent book Clueless: Coaching People Who Just Don’t Get It is available for free for a limited time by signing up for free blog updates (Learn more at our website)

Posted in Engagement, Leadership Development, Relate, Selection, Wellness

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