Why Are Americans , Quitting Their Jobs in Droves?.
What exactly is driving the
"Great Resignation" in the United States?.
A recent study has attempted to explain the cause and effect of America's Great Resignation. Here's what it found:.
It's Not Always
About the Money.
Much of the media discussion about the Great Resignation has focused on employee dissatisfaction with wages. , Statement from authors of
'Toxic Culture is Driving the Great Resignation,' via CNN.
How frequently and positively employees mentioned compensation, however,
ranks 16th among all topics in terms of predicting employee turnover. , Statement from authors of
'Toxic Culture is Driving the Great Resignation,' via CNN.
Toxic
Work
Culture.
Experts say the ingredients for toxic work culture include "failure to promote diversity, equity, and inclusion...".
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. , Statement from authors of
'Toxic Culture is Driving the Great Resignation,' via CNN.
Job Insecurity.
Feeling as if you could lose your job
at a moment's notice doesn't
do much for one's self-esteem.
Experts say job insecurity may result in employees looking for greener pastures.
Previous research has found that employees' negative assessments of their company's future outlook is a strong predictor of attrition. , Statement from authors of
'Toxic Culture is Driving the Great Resignation,' via CNN.
Failure to
Commend
Good Work.
Experts say employees are more likely to stay in a work environment that values and appreciates their skills.
In summary, being underpaid is a problem, but disrespect and lack of job security may be the most pressing issues for employees