The Groupness Factor - Progress-U

The Groupness Factor 1051. Cost savingsa. Talent retentionJust throwing money at people isn't going to be enoughto keep them. If they don't like the company, thepeople they work with, or the way they're treated,they'll leave. Corporate culture has more to do withretaining people than it's given credit for.– Flora Bacco, director of organizational policyand programs for UNUM AmericaWhat makes people want to leave their company? Studies, such as theexit interviews performed by the Saratoga Institute, reveal that lessthan 20% of all employees leave their jobs for better pay, benefitsand perks. 2 More important reasons for employees voluntarily leavingjobs are:• Misalignment of mutual expectations• Person-job mismatch• Insufficient coaching and feedback• Perception of poor career-advancement prospects• Work-life imbalance• Distrust toward senior leadership• Low confidence in senior leadership