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Top Causes of Employee Turnover

Unhappy employees are less efficient and are more likely to leave your company, but to reduce employee turnover, you have to know what causes employees to quit. Check out these top five reasons employees leave, so you know how to keep your employees happy.

Reasons for Employee Turnover

The number one reason employees quit their job: lack of opportunities and growth. In 2011, 30 percent of people who quit their job, quit because their current job wasn’t offering them the opportunities or development they needed. Other reasons include:

  • Inadequate compensation (28%)
  • Boredom/no challenge (27%)
  • Poor work/life balance (20%)
  • Job stress/unfair treatment (20%)

What You can Do to Reduce Employee Turnover

From this list, you can see that two of the top five reasons for employee turnover are similar: no room to grow and no challenge. Employees want a job that forces them to develop new skills and gives them a challenge, but they don’t want something that causes stress or disrupts the balance between work and life. The best way to deal with this is by talking with your employees and actively listen to what they want.

For more information about employee retention in California, contact Mike’s Unstoppable Profit Producer Program, located in Murrieta. 

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Read What Some Of Our Clients Are Saying
Tim GasperTim GasperGasper Insurance
3. Woodlands Hills, CA
I sent two of my team members Andre Mendez and Dustin King to your academy a couple weeks ago. They brought back a WEALTH of information and we are currently implementing a lot of what you talked about. I just wanted to say thank you for being so passionate about our business, YOU are a true inspiration!

Tim Gasper
Gasper Insurance
Woodlands Hills, CA

J.D. DickinsonJ.D. DickinsonC.E.O., Dickenson Insurance
Mike is a self-less, well respected expert in the insurance industry on a national basis. We have been colleagues for over 10 years, he is who i turn to when I need that extra push over the top. I am one in a long line of insurance agents who have more money and time due to Mike Stromsoe.

J.D. Dickinson
C.E.O., Dickenson Insurance

Jeff LiebowitzJeff Liebowitz2. Downstate, New York
I own an agency, multiple agencies actually in Downstate New York. And very profitable I might add, family business. I met Mike, and let me tell you, he put hundreds of thousands of dollars in my pocket, gave me a couple of great ideas, phenomenal. He is truly an unstoppable profit producer. Thank you Mike!

Jeff Liebowitz
Downstate, New York

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