What Makes Employees Leave and What You Can Do About It

Today, we’re going to discuss a recent survey conducted by LinkedIn, the leading social networking site for businesses. According to LinkedIn’s findings, 85% of the global workforce is actively looking for a new job, reaching out to personal networks, or remaining open to speak with recruiters. And this number includes those employees who say they are satisfied with their current jobs.

As managers and HR professionals, you’re right to be concerned when you hear that number. Think about it: more than 8 in 10 of your employees are looking for a new job or are open to leaving your company.

But why? And what can you do about it?

Fortunately, LinkedIn dug a little deeper when they surveyed 18,000 fully-employed professionals across 26 countries, including the US, Australia, Canada, India, and the U.K. These individuals were either actively seeking their next role or were passive employees-meaning they were reaching out to their personal network or were open to talking to a recruiter – here’s what they had to say, in order of importance…

Passive Employees:

  1.     Better Compensation and Benefits
  2.     Better Work/Life Balance
  3.     Better opportunities for Advancement

Actively Looking Employees:

  1.     Greater Opportunities for Advancement
  2.     Better Compensation and Benefits
  3.     More Challenging Work

Taken together, these findings identify areas that you, as a manager or supervisor, should pay careful attention to. To begin, make sure that your employees are being paid and compensated competitively and that they are aware of their opportunities for advancement.

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