News, Trends, and Insights for IT & Managed Services Providers
News, Trends, and Insights for IT & Managed Services Providers
Business of Tech | Can a gift help with retention for employees?

More around worker sentiment.
A survey by Snappy, a gifting platform, finds that 6 in 10 (59%) said they would be more likely to stay at their job if they received meaningful holiday gifts from their employer.   72% said they didn’t receive a holiday gift from their employer last year, and a full third (34%) say they never have.

Qualtrics released their third annual Employee Experience Trends Report for 2022.   Individual contributors and middle managers are burned out and even more likely to look for a new job in the coming year, The survey found that 5% fewer people plan to stay at their current job than in 2021. Women in middle management jobs are three times more likely to find a new job.
Middle managers saw the most significant decrease in intent to stay at their jobs in 2022, according to the survey. Sixty-nine percent intend to stick with their current job over the next few years, down from 83% in 2021. There is still a significant group of people (35%) who will find a new job if they have to work full-time in the office.     Quoted generously from Tech Republic.

Why do we care?

Snappy is clearly in the business of selling gifts, so grain of salt with this data.  That said, there’s an intuitive nature to the data too.   Employees want to be appreciated.   There are many ways to do that.    The data points to a specific example, sure – but the main takeaway is to be adjusting to ensure you offer an environment that supports and encourages workers in the current climate.    Before the pandemic there was a shortage of tech workers, and now workers in general have a sentiment of power.    Adapt to that. 

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