Not really surprising but disconcerting nonetheless:
“Here are the top three reasons that executives said they believe employees quit their jobs:
- Compensation (52%)
- Poor career advancement (37%)
- Performance (37%)
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And here are the top three reasons why employees said they actually quit, according to past worker surveys:
- Bad bosses: Bad managers account for 75% of voluntary turnover. (Source: SHRM)
- Lack of recognition: Only 1 in 3 employees strongly agree that they are properly recognized for their contributions. And people who routinely feel ignored are twice as likely to quit. (Source: Gallup)
- Burnout: 50% of millennials, 40% of Gen X, and 35% of baby boomers said burnout makes them leave their jobs. (Source: Staples Workplace Study)”
Guess when you sit at the top it’s easier to live in denial.