These are the top reasons why people quit their jobs

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That coworker of yours who just handed in his resignation and is striding towards the exit with his belongings in an old printer-paper box could be leaving the building for any number of reasons. Especially in this economic climate – a tight labor market makes people bolder, and more willing to take risks to get the job they really want. Compensation software company Payscale presented new research in a white paper about the top reasons employees leave.

The top reasons people leave their jobs

  • 25% want more pay
  • 15% are unhappy at their current organization
  • 14% want to work at an organization more aligned with their values
  • 11% are relocating
  • 10% are unhappy their current position is not full-time
  • 7% want a promotion
  • 2% want a more flexible schedule
  • 15% – other

Payscale then asked people who quit and found a new job what attracted them to that organization. The hands-down winner? Meaningful work.

  • 27% said the opportunity to do more meaningful work
  • 17% said increased responsibilities
  • 16% said increased pay for this position
  • 11% said workplace culture
  • 6% said nothing in particular, it was just a job
  • 6% said better benefits and perks
  • 5% said they wanted to work for a larger organization
  • 10% – other

People generally find a new job that offers them what the last one couldn’t

It was found that the reason people leave is along the same lines with the reason that they take a new job. For example, with those who quit because they wanted higher pay, 38% of those respondents chose a new job that paid them more.

And 46% of those who quit because they didn’t have “value alignment” at their previous job chose a new organization because they would get to do more meaningful and engaged work.

And for the group that quit because they wanted a promotion, 46% of respondents ended up with a job in a new organization that offered them more responsibilities.

For those who quit with go-getting in mind, it’s a happy ending.

By SHEILA MCCLEAR, a reporter for Ladders and can be reached at smcclear@theladders.com.

2 thoughts on “These are the top reasons why people quit their jobs

  1. An outstanding share! I’ve just forwarded this onto
    a coworker who had been conducting a little research on this.
    And he in fact bought me lunch simply because I discovered it for him…

    lol. So allow me to reword this…. Thanks for the meal!!
    But yeah, thanx for spending some time to discuss this matter
    here on your blog.

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