Today, more than ever, employees are looking for non-monetary benefits in the workplace. Even more important to them than money is well-being. They want their work to matter and they want the workplace to enrich their emotional health. They are seeking work that is aligned with their values, leverages their strengths, and enhances their sense of belonging.
Yet, currently, many are experiencing the opposite. Their work isn’t satisfying, isn’t a right-fit for their strengths, and is rife with negativity. At the end of the day, they often feel frustrated and emotionally drained. 41% of the workforce is looking for another job. At least 20% will change employers this year. It is estimated that orienting new employees and getting them up to speed costs US companies $500 billion per year. That is a huge drain on our economy.
Let’s understand more about the discouraging aspects of the employee experience. Below are the 5 top reasons employees quit. (The total is more that 100% because many people stated multiple reasons for leaving.)
Reasons Employees Quit
Which of the above are challenges at your workplace? If you don’t know but wish you did, contact Cathie Leimbach at cathie@agonleadership.com to explore doing a Free Culture and Engagement Survey within your company.
What can you and your organization do to improve your employees’ experience, reducing turnover and frustration? Watch for next week’s ezine for some actions that hit the mark.