All individuals are affected by employee turnover whether it is from a decision you personally made to accept another position or from inheriting the work from the loss of a key co-worker, subordinate or manager. We even experience the impact employee turnover has on our everyday lives as the consumers in stores, restaurants, and businesses that we frequent.

While conversation among employee peers may be “well, how could she have passed up that opportunity,” or “he sure made out” or “she needed to move on,” what was the root cause that started the process of looking for greener pastures? What data exists in your company to address common themes to minimize such voluntary exits in the future?

ExitRight® shatters the myths and assumptions as to why people quit their jobs from our experiences conducting over 130,000 exit interviews with some of the largest and most successful companies and healthcare providers in America.

What Causes Employee Turnover?

From a listing of 13 controllable turnover causes, 56% of turnover cause selections from healthcare providers are attributed to these five items:

1) Supervision
2) Schedule, Hours
3) Recognition, Appreciation, Respect
4) Limited Promotions
5) Unreasonable Work Demands

Missing from the top five reasons are pay, benefits, training, job security, to name a few. All too often managers think turnover is unavoidable but ExitRight benchmarks for healthcare show 80% of turnover is caused by employer influenced causes.

Turnover represents a significant cost to all businesses. Does your employer track turnover causes in a systematic, objective manner? By having the facts, retention improvement efforts can be focused on the truth instead of the myths.

Have you or someone you worked with recently quit a job? What were the reasons that caused you to start searching for greener pastures?

HSD Metrics offers new hire, stay, and exit interview platforms that can help your business improve employee engagement, as well as employee experience and retention. If you are interested in learning more, contact us today.