What is driving the Great Resignation? Wages? Not as much as you’d think. Researchers found corporate culture is a much more reliable predictor. And a toxic corporate culture is 10.4 times more powerful than compensation in predicting a company’s attrition rate.
This article from MIT Sloan shows the research of employee data behind this theory and reveals the top five predictors of attrition and four actions managers can take in the short term to reduce attrition.
Read the full article here: https://sloanreview.mit.edu/article/toxic-culture-is-driving-the-great-resignation/
This is part of the Knowledge Philanthropy Project inspired by Marshall Goldsmith where we are encouraged to give our work away.
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