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September 16, 2016
Survey: Low Pay, Lack of Advancement Hinders Hiring and Retention

A new survey from business professionals, released by Express Employment Professionals, reveals the hurdles that stop applicants from accepting jobs, as well as the top reasons employees leave their current jobs.

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Respondents were asked, “What hurdles stop applicants from accepting a job at your company?”

  • Low pay— 28%
  • Lack of advancement/opportunity—27%
  • Long hours—18%
  • Inflexible schedule—14%

Respondents were also asked, “What hurdles cause employees to leave a job?”

  • Lack of advancement/opportunity—40%
  • Low pay—29%
    • This was almost the reverse of results from the same question in 2015, when 40% said “low pay” and 33% said “lack of advancement.
  • Not a good cultural fit— 28%
  • Long hours—18%
  • Unlikeable boss/management—18%

“Pay and advancement really do seem to be the driving factors when applicants and employees make decisions about the future of their careers,” Bob Funk, CEO of Express, and a former chairman of the Federal Reserve Bank of Kansas City—said in a press release. “In a way, this is reflective of the economy in general. Many companies still struggle to offer competitive wages and may not be growing fast enough to offer upward advancement.”

The survey of 390 businesses, which are current and former clients of Express Employment Professionals, covers hiring trends for the second quarter of 2016. For more information on this survey, visit the Express Employment Professionals website.

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