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Status of Employee Retention in Europe

Publisher IDC
Published May 10, 2022
Length 13 Pages
SKU # IDC17167536

Description

Status of Employee Retention in Europe

This IDC Market Perspective examines employee retention dynamics in Europe based on a large, European IDC survey of 2,785 employees from March 2022. The objective of this study is to provide human capital management software vendors and European employers with a facts-based analysis on retention and employee experience."European organizations are under severe pressure as employees have new requirements related to compensation, working conditions, flexible work, and career development. When these demands are not met, they actively look for employment opportunities elsewhere. The good news is that European employers and providers of HCM applications in Europe can actively mitigate a significant proportion of retention risk," said Bo Lykkegaard, AVP of Software Research in IDC Europe.

Please Note: Extended description available upon request.

Table of Contents

13 Pages
Executive Snapshot
New Market Developments and Dynamics
Goals of IDC's European Employee Survey
Retention in Europe
Correlation Between Retention and Employee Experience
Demographics of Retention in Europe
Advice for Technology Suppliers and European Employers
Advice for HCM Technology Vendors
Advice for European Employers
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