In Wellington, uncompetitive salary emerged as the primary driver of employee exits, followed by limited career development opportunities and limited employee benefits.
“Notable, there is not turnover attributed to flexibility, training, recognition, or work-life balance, suggesting exits are more financially and structurally motivated,” the report read.
Finances driving hiring challenges
Finances are also a strong factor in why job offers do not push through in New Zealand, according to the report.
Some 42% of the respondents cited low salary as the reason why job offers fall through, while 24% said there was a better offer elsewhere.
Procedural factors are also among the reasons why some job offers do not push through, such as poor communication (41%), poor candidate experience (35%), and a prolonged hiring process (31%).