The most common reasons for employee turnover are:
- Compensation: Compensation is one of the main reasons why employees leave their jobs. If you're not paying your employees well, they will find another job where they can get paid more. The average salary in the U.S. is $44,638 per year, but salaries vary depending on industry and location.
- Work/life balance: Employees want to work for organizations that value their employees' lives outside of work. Making sure that your company has policies in place to support work-life balance will go a long way toward keeping your employees happy and engaged.
- Career growth: Employees want to feel like they're growing personally and professionally at work. If you offer opportunities for career growth, such as training or development programs, this can be an important factor when it comes time for them to look for another job.