Tag Archives: Big Quit

Why are so many people quitting?

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Why are so many people quitting?

GUEST POST from Mike Shipulski

People don’t leave a company because they feel appreciated.

People don’t leave a company because they feel part of something bigger than themselves.

People don’t leave a company because they see a huge financial upside if they stay.

People don’t leave a company because they are treated with kindness and respect.

People don’t leave a company because they can make less money elsewhere.

People don’t leave a company because they see good career growth in their future.

People don’t leave a company because they know all the key players and know how to get things done.

People don’t leave the company so they can abandon their primary care physician.

People don’t leave a company because their career path is paved with gold.

People don’t leave a company because they are highly engaged in their work.

People don’t leave a company because they want to uproot their kids and start them in a new school.

People don’t leave a company because their boss treats them too well.

People don’t leave a company because their work is meaningful.

People don’t leave a company because their coworkers treat them with respect.

People don’t leave a company because they want to pay the commission on a real estate transaction.

People don’t leave a company because they’ve spent a decade building a Trust Network.

People don’t leave a company because they want their kids to learn to trust a new dentist.

People don’t leave a company because they have a flexible work arrangement.

People don’t leave a company because they feel safe on the job.

People don’t leave a company because they are trusted to use their judgment.

People don’t leave the company because they want the joy that comes from rolling over their 401k.

People don’t leave a company when they have the tools and resources to get the work done.

People don’t leave a company when their workload is in line with their capacity to get it done.

People don’t leave a company when they feel valued.

People don’t leave a company so they can learn a whole new medical benefits plan.

People don’t leave a job because they get to do the work the way they think it should be done.

So, I ask you, why are people leaving your company?

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Four Reasons the Big Quit Exists

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Four Reasons the Big Quit Exists

Turns out the pandemic prompted mass numbers of employees finally say, “take this job and shove it” to employers and careers they don’t like. Life is too short to be miserable at work.

In a recent NICE Webinar, we discussed how job quit rates have hit a historic high—even while the economy is still recovering from two years of furloughs and layoffs. This is often referred to as The Great Resignation.

Enlightening research from Gallup gathered in March of 2021 found that 48% of the working population in the United States is actively job-hunting or seeking out new opportunities.[1]

NICE Employee Churn word cloud

So, while we watch the labor market churn with no signs of settling, how can businesses avoid the costs of high turnover rates?

“How to Reduce the Risk of Employee Churn Amid the Big Quit”
(click to continue reading this article on the NICE blog)

Image credits: NICE

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