The 7 Hidden Reasons Employees Leave: How to Recognize the Subtle Signs and Act Before It's Too Late

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9780814417584: The 7 Hidden Reasons Employees Leave: How to Recognize the Subtle Signs and Act Before It's Too Late
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Examines the reasons why companies lose their best employees, which range from poor management to toxic work environments, and offers advice on boosting employee confidence.

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Book Description:

People are four times more likely to leave a job because of something going on in the office than for an outside opportunity. Yet most managers blame employee turnover on the lure of other companies. . . even when the real factors are well within their control.

Based on research performed by the prestigious Saratoga Institute, The 7 Hidden Reasons Employees Leave provides readers with real solutions for the costly problem of employee turnover. Now incorporating the results of the author’s “Decision to Leave” post-exit survey, the second edition features new research in employee engagement as well as innovative best practices for engaging and retaining in a down economy.

Readers will learn how to align employee expectations with the realities of the position, avoid job–person mismatches, and provide feedback and coaching that breed employee confidence. The book examines factors such as manager relationships, lack of trust in senior leadership, company culture and integrity, salary and benefits, and more—revealing what can be done to hold on to the people who provide the most value to the organization.

From the Inside Flap:

A unique opportunity at another company. A step up in position. More money. We’ve all heard the familiar explanations offered by employees as they head off to newer—and presumably better—career opportunities. But is employee turnover just “the unavoidable cost of doing business?” Or is there something proactive you and your organization can do to keep your best people around for years to come?

Based on enlightening research, the original edition of The 7 Hidden Reasons Employees Leave revealed that despite what we believe, people are four times more likely to leave a job because of something going on in the workplace than for an outside opportunity. But after the seismic changes that have shaken the economy and the job market these past few years, are the reasons employees leave still the same?

Incorporating the results of more than 1,000 new post-exit surveys asking new questions such as "Was there a triggering event?,” “What could your employer have done to make you want to change your mind and stay?,” and “Did you look for another job while still employed?”, the Second Edition adds new depth and relevance to the original research.

Has money become more of a key issue for people deciding to leave, now that the job market is slowly picking back up? How have workers’ evolving thoughts on company culture and integrity—and a growing lack of trust in senior leadership—affected their reasons for staying or leaving? Packed with all new strategies and wisdom, the second edition shows you how to identify the warning signs of unmet expectations, and best act on them. You’ll find out how to:

· Use smart talent strategies to avoid employee-job mismatches.

· Incorporate a five-step coaching and feedback process that builds strong and durable working relationships.

· Build an environment of mutual trust and confidence.

· Create growth and advancement oppor­tunities that keep pace with career expectations of all four generations.

· Understand the emotional impact of compensation and recognition done well.

· Leverage exit and turnover data to increase employee retention.

According to more than 80 percent of employees, it’s not just seeing greener grass on the other side of the fence that makes them leave; it’s the underlying negative factors that exist in their current workplaces. Filled with surprising revelations, this brand new edition of The 7 Hidden Reasons Employees Leave provides up-to-the-minute strategies for holding on to your employees in any market.

LEIGH BRANHAM is founder/principal of the consulting firm Keeping the People, Inc. (www.keepingthepeople.com), and the author of Keeping the People Who Keep You in Business. He is also the co-author, with Mark Hirschfeld, of Re-Engage: How America’s Best Places to Work Inspire Extra Effort in Extraordinary Times. He lives in Overland Park, Kansas.

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