- Knowing why employees tend to leave can give you an opportunity to make changes—before anyone gives notice.
Source | www.fastcompany.com | STEPHANIE VOZZA
No company likes to deal with turnover, but it’s an employees’ market in many industries and jobs aren’t hard to find. Knowing what might make your employees quit, however, can give you an opportunity to make changes before they give their notice. A new study from the career website PayScale found there are several top reasons employees why leave their jobs.
“The motivation to leave an organization and the decision to accept a job at new one are often two different decisions,” says Wendy Brown, director of content marketing for PayScale. “It’s a push-pull process employees face, and doing the right thing to retain an employee is different than how you attract a new person to your organization.”
WHY THEY LEAVE
The top reason employees quit? It’s the bottom line. Twenty-five percent of respondents stated that higher pay was the reason they looked for and took a new job. Millennials are 9% more likely to quit for money than boomers, who are more likely to leave for increased flexibility in their job.