The workers that employers have left may be more productive, but they are also angrier.
The percentage of U.S. employers who say they feel a very strong sense of loyalty to their employees has held steady at 57%, and the percentage who say workplace satisfaction is high increased to 44% in 2010, from 43% in 2008,.
But the percentage of employees who say they feel a very strong sense of loyalty to their employers has fallen to 47%, from 59% in 2008, and the percentage who say their companies have a very strong sense of loyalty to them has fallen to 33%, from 41%.
About 36% of current employees say they would like to be working somewhere else by the end of the year.
Researchers commissioned by a unit of MetLife Inc., New York (NYSE:MET), have published those figures in a summary of results from one survey of 1,508 benefits decisionmakers at U.S. employers with at least 2 employees and a second survey of 1,412 full-time U.S. employees ages 21 and older at companies with at least 2 employees.
A few years ago, the job market was hot, and employers were focusing on keeping good employees. Now, employers are telling MetLife that controlling health and welfare benefits costs is a more pressing concern than employee retention.
About 39% of the employers told MetLife they have increased employee productivity in the past 12 months.