Ch2

SECTION 2: WAYFINDING FOR THE FUTURE OF WORK What employees want Survey results: top 3 reasons for leaving jobs 1. Lack of career and development opportunities 2. Poor leadership 3. Lack of support Our survey results closely match those of the LinkedIn 2023 Workplace Learning Report, which outlines the following top four reasons people seek new jobs in the Asia Paci昀椀c region: • Opportunities to develop and learn new skills • Compensation and bene昀椀ts • Flexibility to work when and where they want 22 • Opportunities for career growth within the company and work–life balance support Clearly, providing opportunities for learning and development (L&D) is incredibly important for staff retention. In Chapter Three, we explore all aspects of L&D, offering valuable insights into current trends, the future of L&D investment, and the key skills to prioritise in your next L&D strategy. In order to address poor leadership as a contributor to employee turnover, it’s crucial to gain insight into our survey respondents’ interpretation of this issue. Chapter One outlines the leadership skills our respondents value most, highlighting where leaders should focus their learning and development efforts. Compensation is also a pivotal factor in talent acquisition and retention. However, according to Mercer’s Global Talent Trends 2022–2023 study, once organisations offer salaries deemed fair, 23. candidates weigh up a broader set of considerations than their potential pay packets