Three out of five employees would leave their current position for a competitive offer according to the recent Recruit or Retain Report from Aerotek® Inc., a leading provider of recruiting and staffing services. That's concerning news for hiring decision makers who are facing 3.8 million open jobs.

While the survey reveals a positive correlation between employee development and the likelihood of an employee to stay, nearly one-third of employees reported having no ongoing training in their current jobs. Looking at hiring decision makers' outlook on developing their current workforce, all agree training is important but lack of time was cited as the number one deterrent from training and developing employees.

In addition to looking at employee and hiring decision makers' sentiment regarding career development, Aerotek also asked hiring decision makers about the current outlook on hiring new employees. Similar to their current workforce, half of respondents reported having less time to train new hires and one in three expect more from today's new hires than before the recession. Not surprisingly, 69 percent of hiring decision makers said that the biggest impact on cost of hiring is that it takes longer to find a qualified candidate than before the recession.

"Hiring decision makers recognize the importance of engaging and developing their current workforce but many lack the resources to develop existing employees while keeping up with hiring demands," said Tanya Axenson, vice president of Human Resources. "To break the struggle of choosing whether to invest in current or potential employees, staffing partners can shoulder time-consuming tasks in the hiring process, helping managers focus on the development of current employees."