From hiring and training costs, losing employees before they are even adding value to the organisation is a major issue. Use our employee turnover calculator to see what it is costing your organisation.
Most organisations do not have data on why employees are leaving and the top contributing factors. Therefore, they don’t know how to remedy the situation and nothing changes.
After reviewing exit data from a large number of organisations, our research shows that one of the top 5 reasons why employees leave organisations is “they did not consider my career, so I left”.
Our research also shows that another reason why employees leave organisations is “they did not develop me, so I left”.
Another reason why employees leave organisations is “my manager did not give me clear objectives, kept changing their mind on what they wanted, gave me no feedback on what I do, so I got stressed and then left”. Australian research (Prof. Pauline Stanton) clearly indicates that a good performance system is a direct driver of employee engagement.
Remedy 5 – Employee Recognition
Another one of the top reasons why employees leave organisations is “no one recognised me for the work that I did, I am better off somewhere else, so I left”.