The war for talent means companies are now fighting tooth and nail for the best employees. The past seven years have seen unprecedented growth in the job market, which has brought the United States close to full employment. At the same time, the market for skilled talent has become increasingly tight, making top talent more expensive and job-hopping more prevalent.

According to Strategic Drift: How HR Plans for Change, a study conducted by The Economist Intelligence Unit® (EIU) and supported by the ADP Research Institute® (ADPRI), 76 percent of senior executives predict that the market for skilled talent will become even tighter, and the same percentage consider workforce planning a critical issue for their companies.

Yet, a new report by the ADP Research Institute®, Fixing the Talent Management Disconnect, reveals that employers are underestimating how many of their employees are at risk of leaving. The study found that 16 percent of employees say they are actively looking for new jobs and nearly half say they are passively looking and “open” if the right opportunity were to pop up. Employers surveyed estimated that only 22 percent of their workforce is passively looking for new opportunities — only half of the number of employees actually at risk.