Why are four in five Aussies unhappy in the workplace?
A national study has found four in five Australian workers are unhappy at work and bosses are blaming a poor workplace culture being blamed for the problem.
The National Salary Survey, also found 66.8 per cent of Australian workers left a current job to start a similar role at another organisation.
Businesses are worried workplace culture is to blame for this shift, with 63.7 per cent citing this as the human resource issue they are most concerned about.
David Pich, AIM Chief Executive Officer, encouraged business leaders to reassess their current pay model and suggests creating a positive and inspiring workplace culture to decrease staff turnover and retain human resource.
"People don't leave companies; they leave leaders.
"Great managers and leaders make decisions that impact people's lives and that impact can be felt well beyond the workplace. We spend about a third of our working-age lives doing just that - working.
"So it is vital our experiences in the workplace are positive as they impact on our overall well-being and on society as a whole. At AIM, we're constantly encouraging our Members to invest in building a positive workplace culture, by having open streams of conversation and offering training and professional development support."
Pich notes the cost of staff recruitment is a threat to business operational costs, with the study putting the cost of replacing staff at $26,410, which equates to almost half the average salary in Australia.
- Four in five Australians (81.9%) leave their current role in search of new challenges
- More than half (56.5%) leave because of limited career advancement opportunities
- It costs on average $26,410 to recruit a new employee
- National salary growth has decreased from 4.1% in 2012 to 3.0% in 2016
- The industries with the biggest decreases in salary growth are construction, retail, finance, manufacturing (metal/auto) and professional services
- One in three (34.5%) Australian businesses are making superannuation contributions above the standard
- The biggest human resource issue for business is organisational culture, at 63.7%