Factors Impacting Attraction and Retention of Employees презентация

Motivation for Surveys Impact of Nancy Hopkin’s 1994 survey of the lab space allocated to female faculty at MIT relative to their male colleagues Shift emphasis from individuals to demographic groups

Слайд 1 Factors Impacting Attraction and Retention of Employees
Eve Sprunt, PhD
Consultant




Слайд 2Motivation for Surveys
Impact of Nancy Hopkin’s 1994 survey of the lab

space allocated to female faculty at MIT relative to their male colleagues
Shift emphasis from individuals to demographic groups
Reveal bias and demographic trends
Management is data-driven
Key drivers for management are attrition and retention

Photo of the tape measure now in the MIT Museum that Prof. Nancy Hopkins used to demonstrate bias against female faculty


Слайд 3Surveys
Society of Petroleum Engineers Surveys
2013 social media survey on factors impacting

attraction and retention with 1737 responses, SPE Paper #168112
December 2011 of SPE members under age 45 with 1392 responses, SPE Paper #151971
May 2011 of entire SPE membership with 5570 responses, SPE Paper #160928
Society of Exploration Geophysicists (2013)
Almost 1600 responses, The Leading Edge (April 2014 and July 2014)


Слайд 4Professional Society Surveys
Exit interviews are notoriously inaccurate
Professional societies can ask questions

that employers may fear are too invasive
But people are more reluctant to divulge personal information in surveys distributed through social media than those coming by email from a professional society


Слайд 5Factors Impacting Employees
Pain-gain balance
Opportunities to gain
Pain – hostile work environment
Factors to

reduce the pain (e.g. better work-life integration)


Слайд 6Work-Life Balance




People are motivated by opportunity.
Satisfaction with work-life balance depends

on opportunity

Слайд 7Critical Motivator
Opportunity or Insufficient Opportunity are the biggest drivers for people

to join or leave an employer.

For older people, Opportunity is still the most important factor, but not by as big a margin over other factors.







Слайд 8Top Reasons for Staying
For Both Men and Women Under Age 40
Same

Top 4 Reasons

Opportunity, challenge, career potential
Develop new competencies & grow into a position with new responsibilities
Respect
Good Pay

But top 4 account for only about 25% of “most important” reasons


Слайд 9Why People Leave

Slide


Слайд 10Why People Leave
Slide

Agreement between men and women on top five

reasons
Insufficient opportunity
Develop new competencies
Leadership/direction of company
Better fit to core competencies
For better pay


Слайд 11Gender Differences in Reasons for Leaving

Under age of 40
Men

rank as more important
Lack of recognition
Self-employment
Severance pay

Women rank as more important
Conflict with boss
Inflexible work schedule
Follow relocated partner
Conflict with co-workers

Are conflicts with supervisors and co-workers more common and/or more severe for women?


Слайд 12Different Ways of Making Comparisons

Slide

We compared different groups in both

by how they ranked the factors and by the difference in the percentage labeling a factor “most important.”
“Conflict with boss” was a big percentage difference, but a small ranking difference
“Follow relocated partner” was significantly different both ways






Слайд 13Gender Differences in Reasons for Leaving
Slide

Women are more likely to

leave because of conflict with their boss and to follow their partner
Women more likely to follow relocated partner
Men are more likely to leave to be self employed




Слайд 14Workforce of the Future


Dual career couples dominate
People were surveyed as individuals,

not as couples

Слайд 15Partners
Meet mate at school or at work
Often same discipline
Female petroleum engineers

more likely to have a petroleum engineer as their partner than their male peers



Слайд 16Couples of “Equal Earners”
Relative earnings important in decision making
Women more likely

to be in couple of “equal earners”
Younger men more to be in an “equal earner” couple

From 2013 Survey of the Society of Exploration Geophysicists with nearly 1600 responses


Слайд 17Form of Invisible Diversity
How much each person contributes to household income

impacts:
Balance of power in relationship
Family priorities
Protect both incomes
Household duties
Childcare





Слайд 18Gap in Understanding
Single breadwinner may have difficulty understanding the lifestyle and

priorities of dual career couples
Men under age 40:
Dual career men more likely to leave because of working too many hours or conflict with their boss
Other men more likely to leave for better pay and benefits



Слайд 19Willingness to Relocate

SEG Survey:
Relative appeal of 18 conditions
Big differences are

potential sources of conflict

Слайд 20Equally Important Careers
SPE and SEG surveys - about 80% of equal

earner men and women consider both careers to be equally important.
Managers don’t want to “waste resources” on people who they do not consider fast track material
Some managers - essential to have the employee decide which career is more important

Слайд 21Whose career comes first?
Women more likely to be asked than men
Women

with children 2x as likely to be asked as men with children
Women with children working for the same employer as their partner 2X as likely to be asked as equivalent man
Men and women with children 2X as likely to be asked if they work for same employer
If not asking, what is the supervisor assuming?



Слайд 22Working for Same Employer
Advantages

Coordinate relocation
Ease in picking home location
Easier childcare
Coordinate travel
Coordinate

daily schedule

Disadvantages

Employer requires that one career leads and the other follows
Benefits reduced
Employer coordinates careers as a couple
Job security


Слайд 23Why People Left Petroleum Industry

Top 3 reasons for women:
For more interesting

work
Insufficient opportunity
To live in a location I like better
To “take care of my child/children was in 7th place behind several “opportunities”

Top 3 reasons for men:
To live in a location I like better
Retirement
Terminated and couldn’t get another job


Слайд 24Glass Ceiling & Work-Life Balance



Many women don’t start becoming frustrated

with their rate of advancement at work until they are in their 30’s.

If a mother thinks that her opportunities are limited, she may decide that the rewards of working are not sufficiently attractive.


Слайд 25Gender Differences in Reasons for Staying

Under age 40
Women consider

the following factors to be much more important than their male peers

Flexible work schedule
Good relationship with co-workers
Trust in organization and management

Слайд 26Incentives to Return to Workforce


A chance to make a difference
Part-time

work
Telecommuting

Of 20 possible incentives, 3 were most enticing for people of all ages who had left the workforce

Retirees

Mothers


Слайд 27Insufficient Opportunity
Exclusion from the “fast track”
Lack of a sponsor
Conflict with supervisor
Conflict

with co-workers
Communication issues
Unwillingness to relocate
Perceptions of insufficient dedication to career

Слайд 28Perception of Opportunity


Слайд 29Conclusions

Pain-gain balance
Sense of opportunity is critical
Hostile work environment major factor

for those impacted
Workforce of the future will be primarily composed of dual career couples for whom relocation and child-rearing are big challenges
Work flexibility can alleviate the pain side of the balance to improve employee satisfaction



Слайд 30Questions


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