Us Employees Have Spoken
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Us Employees Have Spoken

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  • 1. 1 in 4 has established career goals with their manager/employer TRILLIONTRILLION U.S. Employees have Spoken! *Sources & Statistics ● Number ofemployed peopleintheU.S.:143,549,000 o Source:bls.gov/news.release/empsit.t01.htm ● 13.3%are planningto leavetheirjobsinthenextyear:19,092,017 o Source:Kelton Research/CornerstoneOnDemandresearch ● Average wage indexfor 2011:$42,979.61 o Source:ssa.gov/oact/cola/awidevelop.html ● Number offirmsin the U.S.:21,351,320 o Source:census.gov/econ/smallbus.html ● Average cost to recruit andtrainoneemployeeisestimatedat2.5timesanemployee’s salary = $107,449.02 o Source:(Deloitte 2009:“ManagingTalentinaTurbulentEconomy: Clearingthe HurdlestoRecovery”) ● Overallcost to U.S.businesses:$2,051,418,516,473.34 **Inthepast6months About the Survey The Cornerstone OnDemand employee survey was conducted by leading global insights firm Kelton between November 23 and November 26, 2012 among 494 nationally representative employed Americans ages 18 and over, using an email invitation and an online survey. See the full survey: cornerstoneondemand.com/resources/research/survey-2013 Career Path to the Unknown What Motivates Them to Stay? ** 48% 46% feeling appreciated by employer 39% opportunity for career growth 38% promotion or new title 35% recognition for achievements 32% opportunity to develop skills a good manager 6 out of 10 haven’t gotten useful feedback in the past 6 months #1 Cheese Innovator 13th best robot dance moves have performance goals that are aligned with their company's objectives 4 out of 10 say review feedback helps them improve performance 51% receive feedback monthly, quarterly or annually 19MILLION 19MILLION Americans plan to leave their jobs in 2013 which will cost... 13% were reviewed by people other than their manager 42% ** 3 out of 10 received training/development to better perform their job 2 out of 10 say reviews help potential through education/training Performance Feedback Loop A Broken Process Where’s the Alignment? never receive feedback The Skills Gap