Over a quarter (27%) of Dutch employees are actively looking for a new job. That is half less than employers think. Nearly two-thirds of employees think job security no longer exists, but the same part still feels loyal to their employer.
This is evident from the research The Evolution of Work of the ADP Research Institute, a global survey of work trends performed among more than 2,000 employers and employees in 13 countries.
Employer underestimates loyalty of employees
Dutch employers strongly overestimate how many of their employees are actively looking for a job. In reality, only more than a quarter (27%) of Dutch employees are actively looking for a new job, while employers think that almost half of their employees are actively searching (46%). Within Europe, the gap between employers and employees in this area is greatest in the Netherlands.
"Dutch employers underestimate the loyalty of their employees, which in itself is not a bad sign because this also ensures that they are prepared to invest more in retaining the staff," says Martijn Brand, General Manager at ADP Netherlands. Even though a quarter of the employees look around, Dutch employees remain with their employer for an average of 8.3 years. Together with German employees, the Dutch score the highest in terms of loyalty (67% and 63% respectively).
Wages are not the main motivation
The fact that more wages are not always the most important motive for switching jobs is shown by ADP's economic reports on work and wages. "Our research shows that employees are increasingly looking for a new job if employers do not meet their wishes and needs," says Jan Siegmund, Chief Financial Officer at ADP.
Employers worldwide overestimate the power of wage increases on staff retention. Only in India, the Netherlands, the United States and the United Kingdom does the estimate of employers correspond to the one of their employees. On average, employees are willing to change jobs if their wages increase by 15% and generally look at jobs within their field, branch and location. In the Netherlands, working hours, the work itself and flexibility are the three most important factors for choosing a job.
European employee is loyal
The retention of top talent is an ever-increasing challenge for employers. While employers endeavor to be a good employer in various ways, employees see new job opportunities passing through, for example, thanks to social media.
The tendency to change jobs is smaller among European employees than among employees elsewhere in the world. Only in China are employees even more loyal to their employer. European employees are open to change. Nearly two-thirds (64%) think that job security is no longer available and nearly half (47%) think that employees should keep their eyes open for new opportunities.
Translated by Asta Kerkhoven
Source:
https://www.personeelsnet.nl/bericht/nederlandse-werknemer-is-bijzonder-loyaal-naar-werkgever