10 Important Reasons Why Great Employees Quit
10 Important Reasons Why Great Employees QuitOnly a few things are as costly, disruptive, and time-consuming for managers and businesses as great employees walking out the door.
According to the U.S. Department of Labor and Statistics, turnover can cost an organization 33% of an employee’s total compensation, including both salary and benefits. Not only does it impact the financial side of a business, but it negatively affects employee morale as well.
The worst part is that it can all be avoided. But first, business owners must understand what sends their best people packing. That is why we have put together 10 important reasons why great employees quit.
1. A Culture of Work-Life Imbalance
More than 40% of Americans say that their jobs are extremely stressful. Another 70% say that they don’t have a healthy balance between work and their personal life. It’s no secret that employees who work in corporate cultures that do not respect a work-life balance will leave at their first opportunity.