Why do employees leave?

Three quarters of organisations have no explicit strategy or budget for employee retention and do not understand the real reasons why employees leave, according to a survey.
 
A recent employee retention survey found that 93% of organisations had implemented retention initiatives over the past year, yet nearly half admitted that they had a problem retaining staff.

There also seems to be a gap in HR practitioners’ understanding of why employees leave. Practitioners presume that people leave because of “lack of promotion opportunities”, “inadequate pay” and “a poor relationship with managers”. But anonymous exit data, collected from leavers across different industry sectors, found that, although “promotion prospects” and “pay” are indeed drivers for leavers, they are not as important as: “uninteresting work and boredom”, “lack of training and development opportunities”, “lack of teamwork and cooperation” and "promises not kept by management”.

The research authors fear that organisations have become complacent about retention as they regard recruitment as more important, and argue that HR practitioners must take retention as seriously as they take recruitment and integrate it into their overall HR strategy.
 
Recrion is a Human Resources Outsource Specialist.  Recrion's advisors have a thorough understanding of retention issues and conduct confidential exit interviews.  To discuss this in more detail please call Katherine Wiid, Director of Recrion, on 01780 484910 or visit www.recrion.co.uk