Newsletter Article
Member Benefit
Published Mon Jan 03 2022
This shouldn’t come as a surprise, but Gallup has quantified and made concrete the notion that struggling employees are more likely to leave than thriving employees—twice as likely, in fact. According to a recent study, employees who identified themselves as struggling in their lives overall were two times more likely to have left their jobs during the past few months. What does this mean for employers, though? First, it should illuminate the idea that employee well-being has a real-world impact on your organization, from a bottom-line standpoint and a reputational one. Seventy-one percent of employers who feel their organization cares about their well-being would strongly advocate for their company as a good place to work, compared to 12 percent of those who do not agree that their company is looking out for them. Research also shows that this factors into employee engagement. Employees who are engaged but not thriving showed a 14 percent annualized turnover rate, and those who were neither engaged nor thriving had a 24 percent turnover rate.
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