HR departments under pressure to retain staff

Implementing HR management software could be a wise move for organisations in the New Year, as a poll shows a growing number of people are going in search of new roles.

Compiled by Roy Morgan Research, the findings reveal how almost half of the Australian workforce could be in the market for new jobs once 2015 gets underway.

As a result, CEO of Roy Morgan Michele Levine explained that it will become more important for HR departments to determine ways of reducing their organisation’s churn rate.

“HR and recruitment companies need to be able to understand their corporate clients’ goals and directions and to operate more as strategic partners when it comes to sourcing and retaining the best staff, as well as developing outplacement programmes as a result of redundancies,” Ms Levine noted.

One step towards making sure this happens is to ensure HR staff fully understand the people who are making hiring decisions within an organisation and to determine where any changes need to be made.

Gathering employee and employer data is one means of achieving this, as it will give anyone involved in the recruitment process a more rounded view of what is happening.

Statistics show 28 per cent of Australian employees are planning to change organisations within the next 12 months, while 23 per cent have yet to make a decision.

Only 49 per cent said they have no intention of changing employer over the course of 2015.

Last month, Hays released a study showing that companies can reap benefits from retaining older workers.

Citing data from the Australian Bureau of Statistics, the group said over the past three decades, the labour force participation rate of over-55s has risen from 25 per cent to 34 per cent.

Hays alp said that an ageing workforce will help ensure skills gaps can be filled and the economy will thrive for years to come.