Survey: 1 in 2 managers will leave their company in the next year. What would make them stay?
3 million: the number of results you’ll get searching for the term “employee retention”.
Read some of those 3 million blog posts, news articles and surveys, and you’ll notice a pattern. They’re all about why people quit their jobs, the cost of employee turnover (spoiler alert: it’s you-better-keep-your-current-employees-happy high), and employee retention strategies.
Manager retention in specific, though, doesn’t get nearly as much attention.
We wanted to change that. So, we teamed up with Dr. Ashley Prisant, instructor of leadership, business, and human resources classes at Harvard Extension School, Harvard University. Dr. Prisant has an extensive background in human resources, she is the author of “Go Beyond the Job Description,” which explores ways for leaders and individuals to do more in their current jobs, and leads Square Peg Solutions, which is focused on optimizing leaders’ impact on organizations, among others.
TalentLMS’s survey on why managers leave their jobs
To explore why managers quit, we surveyed 500 managers, with a maximum of ten years of experience in that position, working in the US. The survey was conducted online between October 2-9, 2019.
The respondents are 25 and older, and they’ve been holding a supervisory position for more than a year in the same company.
Now that we know who our respondents are, here is what we’ll cover: