5 Causes Of The Great Resignation

betsy.motiv8useminars • April 13, 2022

What’s causing The Great Resignation? We surveyed over 300 employees and more money or better benefits didn’t even make the top 5.

Here are 5 reasons why they are leaving...

#1: Poor Leadership- 68% of the employees that we surveyed claimed they were planning their exit this year due to not wanting to deal with their direct managers. They shared that there is no leadership accountability within their company. "The leaders say one thing and do another", one employee said. They also shared that there was a lack of coaching, mentoring, and giving productive feedback. Employees said their leaders only seemed to only care about the bottom line. With 68% of people planning to leave soon, it goes to show that the old saying is true... "People don't leave bad companies; they leave bad leaders."

#2: Stress & Burnout - The majority of employees we interviewed said that if their company provided more work-life balance, and tips to help them with the constant burnout and overwhelm, they would most likely stay; but the high levels of stress they've been experiencing since the pandemic isn't worth it anymore.

#3: They Don’t Feel Valued - According to a Hubspot survey, 69% of employees say they would actually work harder if they were better appreciated & more valued. The problem is, that most companies don't have a 'Recognition Program' in place, so appreciation falls to the wayside. One of the things we provide in our Culture Shift program is an 'Employee Appreciation Questionnaire'. It helps companies appreciate individual employees in a way that each person prefers.

#4: No Sense Of Purpose Beyond the Paycheck - People will always work harder for a purpose vs a paycheck, and nowadays, employees need to feel the company they work for has a mission/vision they can get on board with. Get this part right, and you will not only keep your talent, but you can also use your company's purpose to attract good talent as well.

#5: No Growth Opportunities - Growth opportunities don't always equate to position, title, or higher pay; it can also include personal and professional development. 42% of employees say learning and development opportunities are the most important factor when considering a job. Lack of those opportunities could also cause them to leave.

Author: Betsy Allen-Manning | Founder, Motiv8u Enterprises LLC

Leadership Speaker | Corporate Culture Expert