This is the biggest reason people quit—and it's 10 times more important than pay. (via CNBCMakeIt)
, researchers say record turnover is actually being driven by something a lot harder to fix: a toxic work culture.
From those reviews, the most common ways employees described toxic culture at their company were through a failure to promote diversity, equity, and inclusion; workers feeling disrespected; unethical behavior or low integrity; abusive managers; and a cutthroat environment where they felt colleagues were actively undermining them.
But employers within each industry also varied widely in their turnover rates. In aerospace and defense, for example, Boeing lost 6.2% of employees from April to September compared with SpaceX, which lost 21.2% of its people. Sull says those differences can indicate how much company leadership, not just what's going on in an industry, plays a role in work culture and turnover.
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