Not only doexecutives not realize the real reasons employees give for leaving,they underestimate how much it costs the company. (Photo:Shutterstock)
Employee retention is a major issue,particularly in these days of a tight job market. And it's not helped byemployers not realizing employees' true reasons for heading off insearch of greener pastures.
According to data from Convergys and human capital managementcompany Paycor, more than 50 percent of leaders at small andmid-sized companies think the reason employees hare off in searchof greener pastures is that they're not happy with their compensation. The next two reasons cited bycompany execs are poor performance and a poor match of the employee to the job.
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Marlene Satter
Marlene Y. Satter has worked in and written about the financial industry for decades.
