A changing economy and changing attitudes about work have resulted in some new reasons rising to the top of the list of why employees leave — giving you clues about how you’ll want to frame your appeal to job-hunters.
HR consultant Right Management asked 1,308 people why they left their jobs in the last year. Here’s how they answered (numbers add up to more than 100% because some people said they left for more than one reason):
- Downsizing or restructuring (54%);
- Sought new challenges or opportunities (30%);
- Ineffective leadership (25%);
- Poor relationship with manager (22%);
- To improve work/life balance (21%);
- Contributions to the company were not valued (21%);
- Better compensation and benefits (18%).
At one time, having a bad boss seemed to always show up as the No. 1 reason, but these days, people are more likely to leave because of a layoff. (Still, though, the bad-boss reasons — “ineffective leadership” and “poor relationship with manager” — are near the top.)
What the numbers show
The numbers seem to indicate that if you’re recruiting, plan to see more and more people who’ve been caught in a downsizing shuffle. And plan to appeal to them by emphasizing the stability and growth opportunities your organization features. Job-hunters’ antennae will be picking up on that, especially in this economy.
Apart from that, you’ll want to go with many of the same strategies you’ve probably been using:
- having candidates meet with potential supervisors to test the chemistry
- talking about — but not promising — avenues for advancement, and
- describing the highlights of your benefits package, over and above just salary concerns.