Harsh? Maybe.
True? Absolutely.
Here's what your employees aren't telling you:
โข 32.4% quit because of toxic work environments
โข 31% leave within their first 6 months
โข The cost? Nearly $1 TRILLION in replacement expenses
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But here's the truth bomb:
Most leaders blame everything except their leadership.
- โThey want more moneyโ
- โIt's this entitled generationโ
- โThe market is toughโ
WRONG.
The real reasons they're leaving:
1. Your โrecognition programโ is collecting dust
(Well-recognized employees are 45% less likely to quit)
2. Your โflexible work policyโ is all talk
(Hybrid work reduces resignations by 33%)
3. Your โopen door policyโ is a revolving exit door
The solution?
Stop throwing money at the problem.
Start fixing your leadership.
Here's your action plan:
โ Actually recognize good work (not just during reviews)
โ Implement real flexible work options
โ Build a culture people want to be part of
โ Listen more, defend less
The truth hurts.
But losing your best people hurts more.
โป๏ธ Repost to help your friends.
๐ Follow Himanshu Kumar for more such posts.