An MIT Sloan Management Review report names unhealthy culture as the top reason why companies are losing crucial talent.
Emma Atkinson, Ragan CommunicationsIf you’ve ever left a job and thought, “Wow, I’m glad I got out of there,” you’re not alone.A report from the MIT Sloan Management Review names toxic workplace culture as the biggest factor inflaming companies’ employee attrition rates right now.[FREE GUIDE: Goodbye unread email, hello engaged employees]While many blame the “Great Resignation” on poor wages and the COVID-19 pandemic, the Sloan Management Review’s report finds that those factors don’t come close to affecting employee attrition in the way a toxic workplace does. In fact, the study found an unhealthy corporate culture is more than 10 times more likely to contribute to employee departures than a company’s compensation.Continue reading here...
