A new report on the career motivations of executives has found a lack of opportunities for self-development and limited career progression are key reasons for leaving a job, Marketing reports.
The 'Retaining your Senior Executives' report by Robert Walters claims a number of actions can help a company hold onto their top people, many of which are motivated by factors other than money.
Suggested ways of retaining senior executives include consistent communication amongst the management team to ensure executives feel involved and clearly defined organisational goals.
Well-articulated values, branding and products are also suggested as factors that matter to senior staff.
The study also indicates that personal matters can also play a role in senior executive retention rates with many demanding more family time and less travel commitments.
The 'Retaining your Senior Executives' report by Robert Walters claims a number of actions can help a company hold onto their top people, many of which are motivated by factors other than money.
Suggested ways of retaining senior executives include consistent communication amongst the management team to ensure executives feel involved and clearly defined organisational goals.
Well-articulated values, branding and products are also suggested as factors that matter to senior staff.
The study also indicates that personal matters can also play a role in senior executive retention rates with many demanding more family time and less travel commitments.
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