Inspired by the insurance industry, the LinkedIn team decided to calculate “job survival curve” to understand the odds of an employee staying with the company. They analysed 32 million profiles and found out that three factors are strongly linked to better retention.
As many HR managers mention inadequate technology among the main barriers to address attrition, raise of predictive People Analytics may solve the problem of employee retention for good
CIPD, a not-for-profit organisation that unites over 150,000 HR professionals worldwide, released its nineteenth annual survey exploring trends and practices in wellbeing and absence management in UK workplaces.
With 602,000 workers suffering from work-related stress, depression or anxiety, 12.8 million working days are lost due to these problems.
The Health and Safety Executive, the UK governmental body that seeks to reduce work-related injury and ill-health, names workload, in particular tight deadlines, a lack of managerial support, organisational changes at work, violence and role uncertainty (lack of clarity about job/uncertain what meant to do) among the main reasons behind burnout.
Numerous surveys and studies confirm that occupational pressures and fears are far and away the leading source of stress for American adults
Over the years, the American Institute of Stress has gathered statistics on workplace stress that makes for depressing reading: over 80% of workers feel stress on the job, 19% or almost one in five respondents had quit a previous position because of job stress and nearly one in four have been driven to tears because of workplace stress. Almost half of respondents named workload as the main culprit of stress, which goes in line with the trend of Americans to work longer and harder.
79 percent of employees who quit their jobs claim that a lack of appreciation was a major reason for leaving
OC Tanner research makes it for depressing reading: 79 percent of employees who quit their jobs claim that a lack of appreciation was a major reason for leaving, while 65 percent of Americans claimed they weren’t even recognized one time last year.
The surprising tipping point that defines whether employees will end up burnt out
Berkeley professor Christina Maslach, who pioneered academic research on the topic, identified three symptoms of burnout as emotional exhaustion, cynicism, and a reduced sense of personal accomplishment. In her latest research, she and Michael Leiter tried to figure out whether it is possible to predict who would burn out.
But it’s still your job to retain your key talents
The masterminds behind the quitting algorithm, professors Brooks Holtom of Georgetown University and David Allen of Texas Christian University, used big data and machine learning to identify the employees who are most likely to quit.
Watch for these 6 signs of burnout in your employees and yourself
It is easy to blame heavy workload for burnout. But despite being a foremost culprit, it’s not the only one: Christina Malasch, the Berkeley professor and pioneer researcher on the topic, names five other areas of worklife “that encompass the central relationships with burnout."
Despite being a costly problem for employees and companies alike, burnout is still perceived as a personal issue or an indicator of incompetence and being unfit for the job. Rather, it is a challenge that needs to be tackled from an organizational level. Harvard Business Review looked into companies with high burnout rates and identified three common culprits of burnout as excessive collaboration, weak time management disciplines, and a tendency to overload the most capable with too much work.