"THE GREAT ATTRITION". More than 19 million US workers have quit their jobs since April 2021, a record pace disrupting businesses everywhere. Instead of feeling acknowledged and appreciated, employees feel used and undervalued or just transactions. According to a McKinsey & Company report, 40% of respondents are considering quitting in the coming months.
Top three factors employees cited as quitting reasons:
54% THEY DIDN'T FEEL VALUED BY THEIR ORGANIZATIONS
52% THEY DIDN'T FEEL VALUED BY THEIR MANAGERS
51% THEY DIDN'T FEEL A SENSE OF BELONGING AT WORK
FAST-CHANGING ENVIRONMENT AND EMPLOYEES' NEW BEHAVIORAL PATTERNS
REQUIRE NEW HR MANAGEMENT SYSTEMS