11/25/2024

How to Lead the New Workforce

The Great Resignation has led to the Great Stay

People aren’t quitting like they used to quit. According to a report released earlier this month from iHire, we are now in the midst of the Great Stay, the follow-up to the Great Resignation: Last year, approximately 38 percent of U.S. workers said they voluntarily left a job in the past year, a drop from about 43 percent in 2023.

Those people may be sticking around because of a cooling job market, but it’s not just hard economic numbers that are influencing workers’ decisions. Indeed, “unsatisfactory pay” ranked only sixth on the survey’s list of reasons why people left their jobs. A "toxic or negative" workplace, "poor company leadership," displeasure with a manager and poor work-life balance were all cited by larger proportions of respondents.

The trend calls to mind that old saw about how unhappy employees don’t leave jobs—they leave people. Further evidence of that dynamic comes from the portion of the survey where employers share what they were told about departures. Rarely do employees share that the workplace became toxic, or that they have a strained relationship with a manager; more often, they cite “personal reasons” or a better job offer. A polite dishonesty about dysfunctional workplace culture abides.

Please select this link to read the complete article from Associations Now.