5 Reasons People Are Quitting During the Great Resignation

5 Reasons People Are Quitting During the Great Resignation

1. Toxic culture. “A toxic corporate culture is by far the strongest predictor of industry-adjusted attrition and is 10 times more important than compensation in predicting turnover,” report the authors. What does toxic mean exactly? The authors explain the main elements include “failure to promote diversity, equity, and inclusion; workers feeling disrespected; and unethical behavior.”
2. Job insecurity and reorganization. It’s probably no shock that feeling like you could lose your job at any moment makes you start thinking about getting another job. “Previous research has found that employees’ negative assessments of their company’s future outlook is a strong predictor of attrition,” the authors point out.
3. High levels of innovation. This one is less intuitive, but the authors found “that the more positively employees talked about innovation at their company, the more likely they were to quit.” They suspect that’s because innovation is hard — and hard on workers. Innovation may be interesting and inspiring but it can also burn people out.
4. Failure to recognize performance. “Employees are more likely to leave companies that fail to distinguish between high performers and laggards when it comes to recognition and rewards,” write the authors. This isn’t about compensation. It’s about feeling seen and valued when you do excellent work.
5. Poor response to Covid-19. Again no shocker here, but companies bungling their way through the pandemic get a stark reminder of the consequences of their incompetence in the article: “Employees who mentioned Covid-19 more frequently in their reviews or talked about their company’s response to the pandemic in negative terms were more likely to quit.”

Read the full story at Inc