Thank you to CO–U.S. Chamber of Commerce for providing the content on 9 Reasons Your Best Employees Are Quitting.
To improve employee retention, you need to understand why employees quit in the first place. Here are the top nine reasons employees leave.
High employee churn is costly: Gallup estimates that replacing an employee costs anywhere from one-half to two times that person’s salary. Research has found that most employees quit due to the following reasons.
Low pay
Pew Research Center examined why employees left their jobs in 2021, and 63% left due to low pay. It’s hard to feel motivated to do well in a position where you don’t feel adequately compensated. And rising inflation and lifestyle changes may cause employees to need more money to support themselves.
No opportunities to advance
…
To continue reading, please visit here.
CO–by the U.S. Chamber of Commerce.
