Why Do Employees Quit? It’s Not About The Money!


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I QuitWhy do people quit their job? More money? No, the majority leave because they don’t have faith in their boss, feel unappreciated and are disengaged in their work!

That’s according to friends of ours, Benchmark Recruitment here in Sheffield. They recently surveyed over 3,000 employees and found that….

  • 22 % left their last job due to lack of faith in the leadership team
  • 19% quit because they felt “unappreciated” and….
  • 19 % left because they felt “disengaged and unmotivated”

As Benchmark Director Louisa Harrison-Walker highlights, it’s not just about the money! In fact, ‘lack of financial rewards’ was the fourth reason at just under 13 %!

Louisa said “Some bosses assume that to keep staff motivated and happy you need to give them a pay rise but the survey shows this is not a priority for most employees. People simply want to feel valued, appreciated and motivated far more than having a bigger pay packet.”

Louisa’s view certainly confirms our research that suggests that 3D businesses ‘Get That Vision Thing’! That means they establish and communicate a vision that ‘stimulates, excites and inspires’ everyone in their business and get them ‘bought in’! (It’s 3D Characteristic #1 in our 7 Characteristics of 3D businesses).

They work hard at ensuring understands this ‘vision’, where they fit in to it, how they can contribute and, crucially, how they are doing! It’s all about ‘engagement’ and making people feel valued.

So, 5 questions for you…….

  1. Do you have ‘that vision thing’?
  2. Are your people ‘stimulated, excited and inspired’ by it?
  3. Do they feel part of it?
  4. Do they contribute to it?
  5. Are they recognised for doing so?Get That Vision Thing Assessment Tool

If the answer is ‘no’ to these questions, then there’s a fair chance that you’ve got some work to do!

To get a more ‘in-depth’ view, on how you and your business measures up you can find out by downloading this FREE ‘Get That Vision Thing’ assessment tool simply clicking on the image on the right.

Go on, download the assessment tool!

  • How do you rate?
  • What do your people think?
  • More importantly, what do you need to do to ‘Get That Vision Thing’?

Finally, I’ll leave you with the words of Steve Jobs who seemed pretty good at ‘Getting That Vision Thing’ and engaging people….

“If you are working on something exciting that you really care about, you don’t have to be pushed. the vision pulls you”

Republished with author's permission from original post.

Andy Hanselman
Hi there! I help businesses and their people create competitive advantage by 'Thinking in 3D'! That means being 'Dramatically and Demonstrably Different'! I research, speak about, write about and work with businesses to help them maximise their sales and marketing, their customer service and their customer relationships.


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