There are many factors that play a role in turnover, and the way in which a company is managed has a significant impact on an employee’s decision to stay or go.
Montreal, Canada (PRWEB) September 26, 2015
Most companies strive to hire or promote someone with the right skills to do the job, but many fail to take the manager’s personality, attitude, values, and emotional intelligence into consideration. What they end up with is a highly technically skilled manager with poor people skills, big ego, “My way or the highway” attitude and blind spots the size of Grand Canyon. When researchers at PsychTests conducted a study on people who are actively looking for a new position, they found that difficulties with management played a major role in major role in the decision to quit.
Analyzing data from 265 people who took PsychTests’ Turnover Probability Test, researchers focused on people who intend to leave their position in the immediate future and are proactively job searching. When asked what role management played in their decision to leave, the PsychTests study revealed interesting results:
- 24% of soon-to-be quitters report that they don’t have a good relationship with their manager.
- 31% constantly feel like they need to “walk on eggshells” around their manager in order to avoid conflict.
- 45% affirm that helping employees succeed is not one of management’s priorities.
- 53% claim that management fails to acknowledge or recognize hard work/achievements.
- 53% indicate that any concerns or issue that are brought to management tend to fall on deaf ears and go unresolved.
- 55% assert that management makes promises to employees that they simply do not keep.
- 56% of soon-to-be quitters explain that their manager does not provide employees with sufficient opportunities to develop their skills.
- 24% indicate that their manager does not respect employees.
- 29% feel that the pace at which they are expected to work is too fast.
- 33% state that the demands placed on them are unreasonable.
- 40% assert that management doesn’t treat employees fairly.
- 42% report that the organization looks outside the company to fill management positions, rather than developing/promoting from within.
“These are eye-opening statistics, and they carry a clear message: Turnover isn’t limited to a desire for more money. There are many factors that play a role in turnover, and the way in which a company is managed has a significant impact on an employee’s decision to stay or go,” explains Dr. Jerabek, president of PsychTests.
“We understand that giving employees everything they want simply isn’t feasible. For example, a company may not have the funds to pay an employee a salary that aligns with industry standards, or to offer bonuses on a regular basis. However, a good manager will recognize that there are other ways to show appreciation, like praise, gift cards, extra vacation time, flextime, benefits, etc. Unfortunately, our study reveals that only 22% of managers actually do this. The bottom line: If a company wishes to reduce turnover, a first step would be to conduct a ‘management audit’."
"Have managers take a 360 assessment with employees rating their manager’s performance. There’s a good chance it will bring issues to light that the company may not have been aware of. Secondly, if you’re hiring a new manager, whether it’s from within the company or not, consider the benefits of an emotional intelligence assessment and training program. A competent manager is someone who has the skills to complete the tasks relevant to a job. A great manager is someone who completes tasks well and who can lead a team to success.”
Want to assess your turnover potential? Go to http://testyourself.psychtests.com/testid/3607
Professional users of this assessment (HR managers, recruiters) can request a free demo of the Turnover Probability Test or any other assessments from ARCH Profile’s extensive battery: http://hrtests.archprofile.com/testdrive_gen_1
To learn more about psychological testing, download this free eBook: http://hrtests.archprofile.com/personality-tests-in-hr
PsychTests.com is a subsidiary of PsychTests AIM Inc. PsychTests.com is a site that creates an interactive venue for self-exploration with a healthy dose of fun. The site offers a full range of professional-quality, scientifically validated psychological assessments that empower people to grow and reach their real potential through insightful feedback and detailed, custom-tailored analysis.
PsychTests AIM Inc. originally appeared on the internet scene in 1996. Since its inception, it has become a pre-eminent provider of psychological assessment products and services to human resource personnel, therapists, academics, researchers and a host of other professionals around the world. PsychTests AIM Inc. staff is comprised of a dedicated team of psychologists, test developers, researchers, statisticians, writers, and artificial intelligence experts (see ARCHProfile.com). The company’s research division, Plumeus Inc., is supported in part by Research and Development Tax Credit awarded by Industry Canada.