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July 29, 2024

Why Employees Leave (And How That Helps You)

Voluntary quit rates have been declining since early 2022, but the number of active job seekers and fence-sitters (those open to new opportunities but not actively looking) is rising. Understanding the “why” behind this trend can help you reflect on your own motivations and find roles that offer long-term satisfaction in your career and growth.

In this blog, we will share the top reasons employees leave, the key factors that increase the likelihood of employees leaving, and how this knowledge can support your job search and help you become more fulfilled in your career.

 

Why Employees Consider Leaving

The top five reasons influencing employees’ decisions to leave are:

• More competitive compensation
• Better advancement opportunities
• More desirable benefits
• Better work-life balance
• Greater job security and stability

Additionally, negative experiences and feelings can drive employees to leave, including:

• Burnout
• Compromised Values
• Job Dissatisfaction
• Lack of Belonging: Employees who don’t feel they belong are 46% more likely to seek new opportunities

 

How You Can Leverage These Insights

1. Reflect and Codify Your Top Priorities

A great way to do this is to make a list of your top 10 priorities when it comes to your career and rank them. For help on how to complete this, follow our simple and easy priorities exercise here!

2. Evaluate Your Current Role

Think about each of the factors listed above. List what you like and dislike about your current role.

3. Research Potential Employers

Use resources like Glassdoor and LinkedIn to find companies that match your priorities.

• Read employee reviews to understand company culture and benefits.
• Network with current or former employees to get insider perspectives.

4. Prepare Targeted Questions

In interviews, make sure to ask about the aspects that matter most to you.

Examples:
“Can you describe the career path for this role?”
“How does the company ensure an inclusive work environment?”
“What opportunities for impactful projects exist here?”

 

 

Understanding why employees leave and what truly matters to you can help you make better career decisions. Use these insights to find a role that aligns with your goals and offers lasting satisfaction. By asking the right questions, doing thorough research, and pursuing opportunities that fit your needs, you’ll be well on your way to a fulfilling career.

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