Employers scrambling to hold onto workers during the Great Resignation should take a hard look inward. The biggest predictor of employee attrition isn’t pay, a new analysis finds, but toxic workplace culture.
Higher wages are certainly an important factor driving millions of people around the world to quit their jobs. But an analysis of more than 1.4 million Glassdoor reviews for companies across 38 industries found that company culture is 12.4 times more likely than compensation to predict whether an employee leaves. This held true for workers in both front-line and so-called knowledge worker jobs.