Friday, February 17, 2017

Why People Quit

Why do people quit their jobs?  Fast Company reported this week on a new analysis conducted by Glassdoor.   The firm studied approximately 5,000 workers who switched jobs over the past decade.   They found that three most important reasons for quitting are:
  • Company culture
  • Employee salary
  • Getting stuck in the same job for long periods of time
The firm discovered that, "On average, we find that a 10% higher base pay is associated with a 1.5% higher chance that a worker will stay at the company for their next role."  In addition, the probability of quitting rises by 1% for every 10 extra months someone stays in the same role at a company. 

What didn't matter as much with regard to quitting?  Interestingly, "they found that while work-life balance, liking their senior leadership, and benefits may matter for overall employee satisfaction, they don’t impact turnover."

6 comments:

LUIGI ROTUNNO LA TORRE RESORT PORTO SEGURO BRASIL said...
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LUIGI ROTUNNO LA TORRE RESORT PORTO SEGURO BRASIL said...
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ANDREAS NIGG BANK VONTOBEL ZURICH said...
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ANDREAS NIGG BANK VONTOBEL ZURICH said...
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ALFREDO PIACENTINI. DECALIA ASSET MANAGEMENT. said...
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ALFREDO PIACENTINI. DECALIA ASSET MANAGEMENT. said...
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