High-flyer schemes do not lead to staff loyalty

first_img Previous Article Next Article Comments are closed. Research shows that staff on high-flyer schemes plan to leave theircompanies within two to five years. “Given that high flyers are valued for their potential rather thantheir immediate contribution, this issue clearly has seriousimplications,” said Michelle Deeks, head of research at occupationalpsychologist firm Pearn Kandola, which compiled the survey. She said firms needto work out how to get value out of high flyers, despite their short tenure. The research looked at 60 MBA students at business schools across Europe,who were predominantly male, aged between 21 and 40. The results showed that high flyers were no more driven by pay than thegeneral population, and were more interested in the quality of work and gainingresponsibility and power. Nine out of 10 also want to work overseas. Fifty per cent of participantsalso want to be offered the flexibility to work from home.Their preferred typesof organisation to work in were finance, consultancy and technology, but thecareer development methods used by many got the thumbs down. “It is a major concern that commonly used processes such as career developmentre-sources and technical training were viewed unfavourably by a significantproportion of our respondents,” said Deeks. www.pearnkandola.com High-flyer schemes do not lead to staff loyaltyOn 6 Aug 2002 in Personnel Today Related posts:No related photos.last_img read more