Why are your top employees quitting?
A variety of reasons that you should pay attention to.
- Lack of growth opportunities:
- A study by Deloitte found that 57% of millennials rated “professional or career growth and development opportunities” as the most important factor in a job.
- Poor management or workplace culture:
- A survey by Gallup found that 50% of employees who quit their job cited “management” as the reason for leaving, while 46% cited “lack of fit with company culture.”
- Low pay or inadequate benefits:
- A survey by the Society for Human Resource Management found that “compensation and benefits” was the most frequently cited reason for leaving a job.
- Better job offers from other companies:
- A study by Robert Half found that nearly one in five employees (18%) have left a job for a better offer elsewhere.
- Work-life balance issues:
- A survey by the Workforce Institute found that 60% of employees said they would leave their job for one that offered better work-life balance.
These studies highlight the importance of addressing these factors for retaining employees and creating a positive workplace environment. Learn more about how to do that HERE.