Failure to manage today's diverse workforce is a threat to employers, warns Adecco - employers are managing in the dark Zurich/London, March 20, 2013. Adecco Group, the world's leading provider of Human Resources solutions warns that employers who fail to engage, motivate and retain their best employees across all ages risk damaging productivity and competitiveness of companies and economies alike. A new Adecco research report published in the UK, 'The Workplace Revolution', warns that employers must change their working practices if they are to appeal to employees with a much wider range of personalities, skills, interests and beliefs, including today's Generation Y. Despite continuing high youth unemployment, new research findings from the world's largest recruiter demonstrate the increasingly high expectations of younger working generations. According to the report, half (47%) of those aged 34 and under - so-called Generation Y - want a promotion every two years, compared to just a fifth (22%) of workers as a whole, and 16% expect a promotion every year. Demands for flexible working are also greater among younger workers. Well over three quarters (84%) of Generation Y believe they have a right to work from home, compared to only two thirds (68%) of the over 55s. Peter Searle, CEO of Adecco Group in the UK and Ireland, comments: "Employers in general face a serious set of challenges and cannot risk alienating any section of their workforce. They must instead appeal to and cater for a multitude of conflicting needs across different generations. Embracing and managing the expectations of today's younger workforce will be critical for future business success. With more women in the workplace, increased numbers of older workers, more part-timers and more migrant workers, modern working practices are almost unrecognisable from those in the 1970s. The report warns that many employers have failed to keep pace and, as a result, employers are managing in the dark." The report calls for employers to tackle issues head-on by: recognising the diverse nature of their workforces and the differing - expectations of various categories of employee, flexing their approaches as appropriate - addressing an engagement conundrum to offer opportunities that appeal to all including women, an ageing workforce and a growing migrant workforce - taking a longer-term view of skills requirements and plan ahead for how they will plug future potential skills gaps Peter Searle continues: "Employers must continually reassess existing practices to ensure they are meeting demands for flexible working while navigating a complex set of employment legislation, and addressing what their own role should be in helping to shape what some business leaders have described as a failing education system. As all these challenges collide, employers are currently faced with a situation where they are effectively managing blind. They must now address these issues to ensure they have the right resourcing and management models, plus access to future skills to gain competitive advantage in an evolving global market." Key data/insights from the report include: Opportunities for younger generations to progress: Generation Y sees development opportunities as their biggest barrier (23%) - suggesting that * employers are not providing sufficient opportunities for Generation Y workers to progress at a rate they're satisfied with. If employers want to retain top talent, they need to consider what development opportunities they have on offer. The workforce is increasingly mobile: half (49%) of workers in the UK are prepared to travel up to an hour a day for the right job and 16% are * prepared to travel up to 2 hours - increasing for Generation Y. Employers should consider extending their recruitment search beyond the local talent pool to ensure they have the pick of the country's most promising professionals. Work life balance: eight out of ten (85%) workers believe they have the right to work on a part-time basis and over three quarters (76.6%) of * workers also believe they have the right to work from home. Attitudes towards flexible working differ between generations and employers must decide whether to respond to requests for flexible working or actively promote it in their recruitment practices. About the research New data findings in 'Managing the modern workforce: the workplace revolution' came from The Adecco Group Modern Workplace survey which was conducted between 24 January and 4 February 2013, amongst 1,077 UK employees. The findings are based on research carried out in the UK, though comparable studies - e.g. on the implications of managing an ageing workforce (CEDEFOP 2012) - suggest that the results may be valid across numerous Western countries with similar demographic structures. The report, 'Managing the modern workforce: the workplace revolution', can be downloaded at http://www.adeccogroupuk.co.uk/en-GB/unlocking-britains-potential/Pages/download-new-report.aspx For further information please contact: Adecco Corporate Press Office Press.firstname.lastname@example.org or +41 (0) 44 878 87 87 Adecco UK&I Press Office MHP - Will Richardson or Emma Bowden email@example.com, firstname.lastname@example.org +44 (0)203 128 8088 or +44 (0)203 128 8145 About the Adecco Group The Adecco Group, based in Zurich, Switzerland, is the world's leading provider of HR solutions. With around 32,000 FTE employees and around 5,400 branches, in over 60 countries and territories around the world, Adecco Group offers a wide variety of services, connecting close to 700,000 associates with over 100,000 clients every day. The services offered fall into the broad categories of temporary staffing, permanent placement, career transition and talent development, as well as outsourcing and consulting. The Adecco Group is a Fortune Global 500 company. Adecco S.A. is registered in Switzerland (ISIN: CH0012138605) and listed on the SIX Swiss Exchange (ADEN). Press release (PDF) Provider Channel Contact Tensid Ltd., Switzerland newsbox.ch Provider/Channel related enquiries www.tensid.ch www.newsbox.ch email@example.com +41 41 763 00 50
Failure to manage today's diverse workforce is a threat to emplo
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