Money vs. recognition More than half of workers would rather work for an organization that had a culture of thanks and recognition over one in which there was no praise, but 10 percent more pay. (Image: Shutterstock)

Believe it or not, bad pay and benefits aren’t the main reasons employees are looking for the exit door. A recent study from Reward Gateway found that only 12 percent of employees leave jobs because of poor pay and benefits.

It makes sense. Employees today face a robust job market where opportunities are strong, with the average voluntary turnover rate at 13 percent, and the unemployment rate hovering around 4 percent. In short: Employees have options, and they’re taking them.

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