Employee turnover is as costly and damaging as it is inevitable. HR teams have spent generations trying to curb it, and, sadly, today they’re no closer to finding a sure-fire remedy. While organizations may lack a catch-all solution for employee turnover, many have made leaps and bounds when it comes to understanding why employees leave. And understanding the problem is the first step to addressing it.
In order to help organizations cultivate this understanding, Quantum Workplace just released “Top 5 Predictors of Employee Turnover.” The report is a compilation of survey data gathered from over 97,000 professionals and sheds light on just how subtle and nuanced employee turnover predictors can be.
Turnover-focused employers and HR specialists may want to glance over Quantum’s top five…
1. Lack of Job Satisfaction
Okay – this seems like a no-brainer. But are the symptoms of job dissatisfaction always easy to spot?
2. Unmet Individual Needs
The challenge for HR: Identifying which needs have the greatest impact on an employee’s willingness to stick with their job.
3. Poor Team Dynamics
This is one of the most challenging predictors to monitor and counteract, especially in large organizations where leadership is delegated and departments are fragmented.
4. Wrong Organization
Sometimes it’s just not the right fit between employee and employer. Which means it’s all the more important that HR understands why certain employees don’t align with the organization.
Explore Quantum’s full report to learn more about the top five turnover predictors and, most importantly, get tips for stopping employee turnover in its tracks.
See You at the 2017 Total Rewards Conference
If you want to learn more about the current tech-savvy workforce and how to attract them to your organization meet up with us at “On Their Terms: Engaging Millennials (and Your Entire Workforce)” at the #WorldatWork 2017 Total Rewards Conference in #WashingtonDC. See you there!
On Their Terms: Engaging Millennials (and Your Entire Workforce) – Tuesday, May 9, 9:45 AM
- Amy Stern, Director of Employee Engagement Research, BI Worldwide
- Christy Thompson, Vice President of Humans, Sunglass Hut