ATHENS, Greece, January 27 /PRNewswire/ --

Employees may be feeling more loyal to their own career goals instead of
their employers, as 21% do not feel loyal to their current employer and 22%
said they are likely to leave their current position to change jobs in a year
or less. This is according to kariera.gr's latest survey of workers and
employers in Greece.

"When workers feel disloyal to their employer, they are more likely to be
less productive and proactive in their role, and ultimately, are probably
keeping their eyes open for a new position elsewhere," said Theofilos
Vasileiadis, Managing Director of kariera.gr. "While already weathering the
storm of a downshifted economy, employers may need to factor in additional
recruitment costs into their budgets to keep their workforce stacked with
qualified talent."

The price tag of frequent turnover can be quite high. According to the
survey, 41% of employers have an average cost per hire of 1,000 Euros or
more; 9% estimate their cost-per-hire at 2,000 Euros or more.

Once employers factor in the costs of hiring new employees, it can take a
significant amount of time to make up those expenses. 36% of employers
estimated that it takes them more than six months to recoup expenses
associated with recruiting and training someone once they're on board with
the company; 12% said it takes more than one year.

Workers cited a variety of reasons for why they felt disloyal to their
current employer:

-- Not enough career advancement opportunities -- 51%
    -- Employer doesn't pay enough -- 50%
    -- My efforts are not recognized or appreciated -- 50%
    -- Don't like the work culture -- 38%
    -- Employer doesn't provide enough ongoing training or education -- 30%
    -- Benefits are not good enough -- 26%
    -- Work is not challenging enough -- 24%
    -- Don't feel my employer values me -- 23%
    -- Don't like my boss -- 17%

Survey Methodology

This survey was conducted online within Greece by Kapa Research S.A. on
behalf of kariera.gr among 237 hiring managers and human resource
professionals (employed full-time; not self-employed; with at least
significant involvement in hiring decisions); and 656 Greek employees
(employed full-time; not self-employed) ages 18 and over between July 1 and
July 14, 2008 (ages for some questions are based on a subset of Employers or
Employees, based on their responses to certain questions).

About kariera.gr

Kariera.gr is the leading job site in Greece. It began to operate in
February 2000 and has become the largest and most renowned job site in Greece
with over 156.000 unique visitors per month and more than 145.000 jobseekers'
CVs.

Media Contact:
     Maria Xenou
     Communication & Events Director
     +30-210-67-47-100 (ext. 114)
     mxenou@kariera.gr