To Keep Your Best Employees, Give Them a Way to Advance.
The Great Resignation is not ending any time soon. According to a survey in Joblist’s 2022 Market Report, three out of four full-time employees are planning to quit their jobs this year. This sobering news comes on top of the 47.4 million Americans who left their jobs voluntarily in 2021.
There are many reasons credit union employees choose to leave their job. Historically, “bad managers” has most often been cited as the key reason employees decide to jump ship. “Job burnout”—mental exhaustion due to unrelenting pressure, lack of respect/resources, or simple boredom, is another common justification. Also, COVID-19 restrictions forced many employees, commonly women, to leave the workforce to tend to children who could no longer go to daycare or had to be supervised at home during remote schooling.
But things may be changing.