A Vodafone UK study finds organisations are better prepared for technology and environmental risks ahead of risks faced by losing ‘talent’ and employee absence. Only one in ten organisations say they have robust plans in place to ensure their business continues to run smoothly if a number of employees leave or are absent unexpectedly
Less than a third of UK managers are concerned about employee defection, even though one in five staff are actively considering moving jobs in the next twelve months, according to Vodafone LON:VOD.
Although one in five employees are reported to be actively considering a job move in the next twelve months, only 29 per cent of UK managers say employee defection to another firm is a significant concern. This compares to 59 per cent who cite IT systems failure and 36 per cent who list damage to facilities through fire or flood as key concerns.
Peter Kelly, Enterprise Director at Vodafone UK, said, “This research shows that businesses should place a greater emphasis on identifying and managing talent risk as part of a business continuity management strategy. This is not only best practice but it will contribute to business excellence - essential in such a tough economic climate.” added Kelly.