Toxic Workplace Culture 10 Times More Likely To Drive Employees Away, Study Shows

Toxic Workplace Culture 10 Times More Likely To Drive Employees Away, Study Shows

There has been a general assumption that low compensation is driving The Great Resignation. But according to a recent report from MIT Sloan Management Review, employees are quitting their jobs in droves because of toxic workplace culture, not low pay. In fact, the report says toxic workplace culture is 10.4 times more likely to contribute to an employee quitting. Data analysis identified three elements of a toxic culture:

Failure to promote diversity, equity and inclusion
Workers feeling disrespected
Unethical behavior

Retail workers are the most likely to quit, but firms like Space X also have a high termination rate. After toxic corporate culture, the other top predictors of worker attrition are: job insecurity and reorganization (3.5%); high levels of innovation (3.2%); failure to recognize employee performance (2.9%); and poor response to Covid-19 (1.8%). Low compensation actually ranked 16th among the topics predicting turnover. Perhaps the most shocking finding was that corporate culture predicted employee exodus more than burnout or compensation.

Toxic workplace culture 10 times more likely to drive employees away, study shows.

https://www.forbes.com/sites/bryanrobinson/2022/02/03/toxic-workplace-culture-10-times-more-likely-to-drive-employees-away-study-shows/

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