Most people leave their manager not their organisation
X
Only 13% of leavers give dissatisfaction with their manager as a reason for leaving, while 33% of leavers give "dissatisfaction with the organisation' as a reason for leaving.
Significantly more women than men leave organisations due to harassment
X
7.6% of women give harassment or bullying as a key reason for leaving, compared to 5.8% of men.This difference, while small, does reach statistical significance.
Most people leave for more money
X
Personal Growth (defined as challenging work and opportunities for training & development) is ranked as the most important.
Most people lie in their face-to-face Exit Interviews
X
'Salary' is the easiest scapegoat when Anonymity does not apply.Only 32% of anonymous 'leavers' give 'more competitive salary' as the reason.
Most people who leave a job within the first 6 months do so because the work is too demanding
X
15% of early leavers give 'Job was oversold' as a key reason for leaving, compared to 8% of leavers who stay for longer than 6 months.Uninteresting work / boredom are the most common reasons for leaving among the early turnover group (29%).
With the estimated cost of on-boarding new staff approaching 150% of their package[2] and rates rising in a tightening labour market, the need to retain desired 'talent' and to identify real attrition is critical.For a retention program to be effective and efficient however, it must be based on credible, valid, clearly defined and objective data.
keep reading for our exciting free offer.
As TalentDrain's distributor for Victoria, South Australia and Tasmania, Resurgence is excited to be able to offer TalentDrain's unique Retention Measurement toolset (see www.talentdrain.com.au). Applying these tools provides a greater understanding and insight into employee opinions at all stages of their lifecycle in the organisation through objective, managed on-line data capture, which provide valid and credible data to identify and analyse retention issues. <Contact us to discuss how these tools could make a difference for your organisation>
Talent Drain is a pioneering UK company that has recently arrived in Australia. Its experienced staff of Organisational Psychologists and IT people focus on supporting Employee Retention & Engagement and work with large organisations across all industry sectors internationally.
Their sophisticated on-line tool set assists organisations with maintaining skilled employees, decreasing staff turnover and ultimately becoming more competent & successful.
TalentDrain's segmentation-style approach provides diagnostics at relevant granularity; eg departmentally, regionally, job levels and most importantly by job performance. TalentDrain's comprehensive level of analysis is typically used to focus interventions designed to improve people retention.
Resurgence also understands that companies required timely and objective metrics in the 'people space' in order to build a robust business case for interventions/cultural change initiatives and subsequently measure the effectiveness of these interventions. We believe that the Talent drain Tool kit will provide such timely, analysed data and measures.
Talent Drain Australia is currently offering a free trial of one of its products and we are happy to pass this offer on to you.
To take advantage of Talent Drain's current free offer and to find out more about the organisation please visit www.talentdrain.com.au/contact/ "LastOpinion free trial" option from "nature of enquiry" pull down window).
