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"The 7 Reasons Employees Leave:: Hidden
"The 7 Reasons Employees Leave:: Hidden
Employees Leave:
Recognize the Subtle Signs
and Act Before It’s Too Late”
F. Leigh Branham
Keeping the People, Inc.
www.keepingthepeop[e.com
LB@keepingthepeople.com
What Managers Believe About Turnover
11%
$
$
89%
89% 88%
“More Money” Other Reasons
The 7 “Hidden” Reasons Employees Leave
Trust Competence
Hope Worth
Could it be…the Manager!?
Actively
Disengaged
Engaged
15%
25%
Not Engaged
60%
S&P 500:
25% growth
Fortune’s
Great Places to Work:
133% growth
“Disposable Employee” Mentality
How Do You View Turnover?
Replacement Mindset:
“Turnover is acceptable
as a cost of doing business.”
Retention Mindset :
“Employee disengagement is unacceptable
because the business costs are too great.”
Visible and Hidden Costs of Turnover
• Separation
• Recruitment
• Training
• Lost Productivity
• Lost Sales
• Customer Service
Disruption
• Staff Overload
• On-Boarding
• Morale
How Employees Disengage and Leave
Start with enthusiasm
Question decision
Disillusioned
Consider quitting
Search for options
Receive offer
“Quit or stay?”
Quit-Stay
The 7 “Hidden” Reasons Employees Leave
Hiring
in a
Hurry!
To Prevent & Correct Reason # 2:
• Traditionalists:
“I learned the hard way…you can, too!”
• Boomers:
“Train ‘em too much and they’ll leave.”
• X’ers:
“The more we learn, the more we stay.”
• Millennials:
“Continuous learning is a way of life.”
Reason #4: Lack of Career Growth
Typical Issues:
• Perception of Limited Growth
• Unfair or Inefficient Selection Process
• Not Hiring from Within
• Unfairness/Favoritism in Promotion Decisions
• Insufficient Training
To Prevent & Correct Reason # 4:
Provide
career self-management
tools & training.
The 7 “Hidden” Reasons Employees Leave
• No “Thanks!”
• No Sign of Caring
• No One Asking-Listening
• Withholding information
• Poor Pay Practices
• Treated Like Children
• Missing Tools & Resources
How Do Your New Hires Feel?
Traditionalists:
“What’s balance!?”
Boomers:
“I’m not sure balance is even possible.”
X’ers:
“Give me balance now, not when I’m 65!”
Millennials:
“Work isn’t everything…I need flexibility so I
can balance all my activities.”
To Prevent & Correct Reason #6:
Servant Leadership
The 7 “Hidden” Reasons Employees Leave
Treats People
Right 1 ?2
Doesn’t Treat
People Right
?4 X
3
What’s Your Plan, Stan?