| By :
Martin Hofschroer
Britain's biggest businesses are at risk of losing their managers as the economy recovers. The Agile Leader report by a performance improvement consulting firm discovered that a significant number of workers are currently unhappy in their management positions and are looking for new employers. Research revealed that out of 200 senior managers from Britain's 500 largest companies, 62 per cent claimed to be dissatisfied with their current role and 57 per cent said they were unhappy with their employer. Furthermore, 43 per cent of managers said they are actively seeking a new role with another organisation, while 29 per cent are planning to leave their job within the next year and 54 per cent say they will depart within two years. The economic downturn has been responsible for lower management turnover as the report found that 56 per cent of leaders would have left their job the last year if they were presented with an appropriate employment opportunity. Some signs of recovery are evident because 12 per cent of managers claim to have already accepted another job and economic revival is expected to result in a leadership "merry-go-round". Moreover, there is concern that businesses will be unable to retain staff during an economic recovery as the report's respondents expect to lose 29 per cent of managers over the next year and 38 per cent over the following two years. Sarah Hunter, account director at the performance improvement consulting company, said that employee development was restricted during the recession which has left senior workers feeling undervalued. She said: "Those companies that are already struggling risk losing critical talent just when they need it the most." Ms Hunter has called on businesses to reengage their managers in order to reduce the possibility of high staff turnover levels which will seriously impact on the running of an organisation. She said: "Those at the top need to be honest and visible and involve leaders fully in taking the company forwards. "Companies should also think creatively about the way senior managers are catered for and positioned in the business - lateral moves and new responsibilities are great places to start." The Chartered Institute of Personnel and Development (CIPD) has said that job creation in the private sector will counterbalance public sector employee cuts in the last quarter of 2010. Private sector employee demand has increased despite the fact that four in ten public sector organisations are making redundancies, according to the CIPD and accounting firm KPMG.
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