Well, what is the formula of success of a man? Success in private life, success in business, or spiritual success? That is absolutely individual and depends on the priorities a person sets for him/herself.

Several days ago had some conversation with a friend, who said that all that matters is relation, human relation and than comes all the rest. I share this opinion. In the context of employee and employer relations, as it is one of the actual topics nowadays, except formal business relations one should have human relations with the respect to each other.

Well, to judge only on the basis of own experience and knowledge, that won’t let us analyze the field correspondingly. So I would like to look at the issue on the basis of the survey, that is provided at SourceWire. The survey of over 900 employees and nearly 300 employers found that businesses across the UK are still finding it difficult to recruit and retain staff, despite the economic downturn.According to the survey part of an annual programme carried out by recruitment specialist, Ochre House:

Less than 60% of respondents had been in their job less than two years
68% planned to change employer within the next six months.
39% moved because of pay,
28% mentioned employer’s culture and ethics
26% consider leaving their job because of a lack of training.

"Our surveys over the past five years have shown that career cycles among younger workers, the ‘Generation Y’ aged between 21 and 28, have been getting shorter all the time,” says Ochre House director, Jennie Emerson. “However we’re now seeing that this is spreading to staff of all ages as the old idea of long term loyalty to a company dies out. Organisations need to understand what really motivates their workforce and to adopt a clearly defined strategy for both recruitment and retention.

“This will be particularly important given the fact the survey found most businesses optimistic about the future,” she continues. Although over 70% expected that the UK economy would grow at a slower rate in 2008, less than 10% expected a recession and nearly 45% predicted that their own business would expand over the course of the year. However with 80% planning to increase salaries by less than 4% in 2008, addressing ‘softer’ issues such as work/life balance will be vital if this is to happen. “Employers will need to create an environment that gives their people the flexibility and variety they seek, together with the training and development to succeed and the autonomy to get on with it.”

References:
http://www.sourcewire.com/releases/rel_display.php?relid=39815&hilite=