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Employers proper now might have the higher hand in the case of hiring, however many workers are nonetheless eyeing the exit. That signifies that enterprise leaders and HR managers nonetheless must assume exhausting about methods to have interaction their workforces—however not each group is motivated by the identical perks.
General, about 54% of workers don’t have any plans to depart their present firm or function in 2024—a slight uptick from 52% in 2023, in accordance with a brand new report from Alight, a consulting expertise firm. However the high motivators to remain are completely different for women and men. Round 21% of ladies rank satisfaction with their work-life flexibility as the principle purpose they’re sticking round. In the meantime, solely 10% of males surveyed mentioned the identical. But 13% of each ladies and men listed job or firm stability as their predominant motivator, signaling safety is a precedence throughout.
“It’s necessary to know your retention and attraction efforts as an employer ought to be completely different. It’s not one-size-fits-all,” Laine Thomas Conway, VP of group technique at Alight, tells Fortune.
Relating to what would make a employee contemplate a brand new job with one other firm, ladies and men are usually in settlement: larger pay. However girls beat out males, with round 46% rating larger wages as the first purpose they would go away, in comparison with 39% of males, in accordance with the report.
“After we’re job stability and leaping for pay, it’s actually necessary to know that girls really feel rather more challenged about their budgets and financial savings, and that they positively want extra assist,” Thomas Conway says. “Employers [need to] guarantee that they’re selling the instruments which might be going to make girls really feel extra assured of their futures, of their day-to-day budgeting, and the way they’re navigating the world.”
Emma Burleigh
emma.burleigh@fortune.com
At this time’s version was curated by Brit Morse.
Across the Desk
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Recruiters at the moment are urging job candidates to make use of AI instruments to assist them land a gig. Such views present how important the expertise has turn out to be in the previous few years. Monetary Occasions
Amazon is phasing out streaming platform Freevee and integrating its content material into Prime Video. Insiders say the transfer might foreshadow rounds of layoffs. Enterprise Insider
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Every little thing you might want to know from Fortune.
At Fortune International Discussion board on Tuesday, the CEO of Glassdoor, Christian Sutherland-Wong mentioned the place he sees AI taking away jobs from staff—and creating new ones. —Emma Burleigh
This DEI advocate says that to ensure that the U.S. to proceed rising economically, it may’t afford to minimize off girls and minority communities from wealth positive aspects. —Paolo Confino
One knowledgeable factors out that the widespread substitute of staff by AI doubtless gained’t occur. That would all change if the economic system enters one other recession. —Paolo Confino.
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