The COVID-19 pandemic has forever changed the world. A landmark event in human history, we now refer to timing as “pre-COVID” “during the pandemic” or “the new normal.” And while there are many negatives associated with COVID, most people agree that one of the most positive outcomes was increased workplace flexibility.
Employee satisfaction is a common performance measure with many reports claiming job satisfaction is most related to flexible work schedules because it provides employees with better health, increased work-life balance, and less stress. It also benefits employers with higher productivity, reduced absenteeism, and decreased turnover. However, according to the U.S. Bureau of Labor Statistics, turnover has increased at a compounded annual rate of 2% between 2013-2022. So, we have to ask: Why does employee turnover continue to rise, when flexibility is at an all-time high?
Factors of job satisfaction
According to Indeed.com, the top 5 reasons employees seek opportunities elsewhere include:
1. The need for greater challenges
2. Desire for higher pay
3. Lack of inspiration in current role
4. Wanting to feel valued by their organization
5. Seeking a better management relationship
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