Study Shows Toxic Workplace Culture is Greatest Predictor of Employee Attrition

 

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...