Promotions, flexible hours top employee wish-list

NEW DELHI: Three out of every five Indian professionals who quit their jobs do so due to lack of promotion despite their performance and almost half of them say flexible work hours could be an incentive to stay back, says a study conducted by workplace solutions firm Regus.

One of the effects of the economic recovery is that many more employees have started quitting their jobs looking around for new ones and businesses that are not providing all the trimmings may be heading for a brain-drain of their best talent, said Madhusudan Thakur country head Regus.

The survey that tried to fathom reasons that make employees quit also revealed nearly half of the respondents who wanted to leave their jobs said their decision was due to lack of communication and involvement by the company’s top management. Around 30% of the respondents said they did not want to stick around due to lack of company vision.

A fifth counted their boss taking credit for their own work among the reasons for quitting. An equal proportion of those surveyed felt that a shabby workplace was good enough to resign. This, according to the study, leads to stress among employees.

Though bonuses and job perks were cut back to weather the economic storm, but as growth picks up, employees are flocking to businesses that promise them better work conditions, Mr Thakur said.

The survey conducted among 15,000 professionals globally also asked workers what could companies do to avoid attrition of their best talent. As much as 42% of the Indian respondents said they look for ability to flex their work hours as top of their wish-list besides a pay rise.