Mass exodus of unhappy staff tipped

BUSINESSES may be feeling optimistic now the worst of the global financial crisis appears to be over, but their workers are not happy.

BUSINESSES may be feeling optimistic now that the worst of the global financial crisis appears to be over, but their workers are not happy.

A survey has revealed many employees believe they were not sufficiently supported during the downturn and are now considering finding new jobs.

One recruitment firm predicts many companies will experience a mass exodus of staff over the next two months as the job market improves.

Chandler Macleod Group recently surveyed 930 people listed on its database and found there was an underlying lack of trust among workers towards their employers.

"When the GFC hit, most organisations were completely unprepared and simply went into survival mode -- many failed to show leadership and concern for their employees because they didn't know what to do," the firm's executive general manager, consulting, David Reynolds, said.

The Post GFC Candidate Study Report found the top reasons given by those surveyed for seeking a new role were limited career opportunities (41 per cent), feeling undervalued (24 per cent) and losing faith in their organisation (18 per cent).

However, Mr Reynolds said employers could easily minimise staff turnover by better communication.