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Yahoo
16-05-2025
- Business
- Yahoo
Employees are walking on eggshells in 2025, report finds
This story was originally published on HR Dive. To receive daily news and insights, subscribe to our free daily HR Dive newsletter. 2025 is the year of the 'eggshell economy,' as employees walk on eggshells in what feels like a fragile workplace environment, according to a May 14 report from BambooHR. Fifty-four percent of the more than 1,500 full-time salaried employees surveyed did not apply for any jobs in 2024; this was more pronounced among baby boomers, with 76% not seeking new opportunities, compared to 33% of Generation Z. Even among employees who weren't satisfied with their job, 31% said they didn't apply for work elsewhere, suggesting that low turnover rates within an organization 'may be missing the bigger picture,' Tara Martell, BambooHR's chief customer officer, stated in the report. With the big picture in mind, the reality is that 'very few open roles are out there relative to the available workforce, so competition is fierce,' Martell pointed out. 'Many candidates also complain about exhaustive interview processes or poor communication with recruiters,' Martell added. 'Low turnover could just be a function of lack of opportunity,' she said. BambooHR's finding of low turnover is consistent with Eagle Hill Consulting's April Employee Retention Index, which predicted employees will be more likely to remain in their roles over the next six months. The Eagle Hill findings differed somewhat from what BambooHR found, in that the Eagle Hill index found Gen Z workers appeared to be the least likely to leave their jobs, while BambooHR found that baby boomers were more likely to stay. Even so, Gen Z didn't seem all that eager to leave, either. BambooHR's survey found that among employees who did apply for new jobs, a mere 9% of Gen Z applied to more than 10 jobs, while 32% of Gen Z applied to just one or two jobs. The trend in decreased hiring, job openings and turnover has been going on for several months, according to a previous report from BambooHR. Hiring, both globally and in the U.S., reached its lowest point in five years in December, the report found. This somber outlook may account for workers being more anxious about job security, a sentiment reflected in both BambooHR's May report and Eagle Consulting's April retention index, despite employees telling BambooHR they were satisfied with their work-life balance, benefits and relationships with their bosses. Driven by this anxiety, employees have been navigating the workplace in specific ways to prove they're invaluable and to avoid being laid off, BambooHR said. These strategies including actively working to ensure their contributions are visible to their entire team (73%); speaking up at meetings to make sure their efforts are recognized (46%); maintaining detailed project logs to safeguard their contributions (46%); and being available after hours, hoping to be perceived as committed workers (44%), according to BambooHR. Additionally, 53% said they create 'work barriers' as a way to make their roles harder to hand off, a strategy particularly prevalent among the 'Hustle Generations,' with 42% of millennials, 34% of Gen X, and 39% of Gen Z maintaining exclusive control over key projects, the survey found. Such behaviors can lead to work silos, toxicity and fear, Martell noted. 'If your employees are creating 'work barriers,' it's because they are scared. Start there,' she suggested.
Yahoo
25-04-2025
- Business
- Yahoo
This week in 5 numbers: Workers are worried
This story was originally published on HR Dive. To receive daily news and insights, subscribe to our free daily HR Dive newsletter. Tech hiring managers expect layoffs in the next six months, and a growing share of workers intend to stay in their jobs during the same period of time. Here's a look at some of the numbers making headlines in the HR world. By the numbers 3.9 points The amount Eagle Hill Consulting's Employee Retention Index, which reflects how likely workers are to stay in their jobs during the next six months, climbed during the first quarter. Eagle Hill CEO Melissa Jezior said this reflected 'a rising sense of unease.' 21% The percentage of engaged employees globally in 2024, marking only the second time the metric has fallen in the past 12 years, according to a Gallup report. 54% The percentage of hiring managers in tech who said their companies are likely to conduct layoffs within the next year, according to a report by General Assembly. 56% The percentage of graduating college students who expressed pessimism about starting their careers in the current economy, according to Handshake's 'Class of 2025 State of the Graduate' report. 79% The percentage of women surveyed who say they believe recent news about companies and the federal government removing DEI programs will negatively affect opportunities for women, according to a Women in the Workplace Survey from Fairygodboss. Sign in to access your portfolio
Yahoo
23-04-2025
- Business
- Yahoo
Employees appear more likely to remain in their roles over next six months
This story was originally published on HR Dive. To receive daily news and insights, subscribe to our free daily HR Dive newsletter. Employees are more likely to stay in their jobs during the next six months, according to an April 15 report based on Eagle Hill Consulting's Employee Retention Index. The index increased slightly during the first quarter, inching up 3.9 points to 102.5. Indicators for organizational confidence, compensation, culture and retention increased, yet worker optimism about the job market dipped. 'The Index data indicate that employees are more likely to stay put in the coming months, and there's a rising sense of unease among workers regarding their job prospects,' said Melissa Jezior, president and CEO of Eagle Hill Consulting. 'While this is good news for employers facing chronic labor shortages, it's a tough situation for employers who now must reduce their labor costs.' By age cohort, Generation Z workers appeared to be least likely to leave their jobs — more than ever before, according to the Index data. On the other hand, millennials were most at risk of quitting and were least satisfied or optimistic about compensation. The gender retention gap grew wider, too, reaching the largest gap to date at 19 points. Women and men particularly diverge on their feelings about compensation, with women 'increasingly less confident' about it, creating a 33.2-point gulf from men. HR professionals have shifted their focus from recruitment to leadership and management development, according to the 2025 SHRM State of the Workplace report. HR leaders indicated that retention and career progression were also top priorities, especially training programs for front-line workers and hourly employees. Creating employee cohorts can improve retention, especially among Gen Z workers, according to research published in the Journal of General Management. Fostering strong cohort dynamics can help newcomers feel like they're a meaningful part of the organization and reduce turnover risks, the researchers said. Sign in to access your portfolio
