The MITSloan Management Review delves deeply into the “Great Resignation,” the mass departure of American workers from their jobs. At present, 40% of American workers are said to be considering quitting. He found that “toxic corporate culture” is the largest predictor of attrition, with poor compensation at the bottom of the list. Also: Job insecurity, indifference of managers and refusal to protect workers from Covid.
Our analysis found that key elements that contribute to toxic cultures include a failure to promote diversity, equality, and inclusion; workers feeling disrespected; and unethical behaviour. …
Keep in mind that this temple is elevated to a corporate culture that expresses its kind. So she still has an incentive to identify problems and solutions she thinks are inexpensive to solve, while reassuring everyone that they don’t really need to do much on a systematic level – under the titles that involve more radical change.
Thus, the report’s porridge is very meager:
[offer] New jobs offer new challenges without promotion
Sponsoring corporate social events
“What you didn’t expect was the relatively modest impact of remote work on retention”
Make schedules more predictable for frontline employees.
and so on and so on. The paper is great, though, and the data is clearly presented. Interesting fact: Among the companies mentioned, SpaceX seems to be ground zero for this crisis: 21% Attrition rate during the study! scramble to get out.