Algorithms are becoming increasingly relevant in the workplace. From sifting through resumes to deciding who gets a raise, many of these new systems are proving to be highly valuable. But perhaps their most impressive, and relevant, capability is predicting which employees will quit. IBM is in the process of patenting an algorithm that can supposedly predict flight risk with 95% accuracy. Given that we are in a candidate-driven market, this is a significant innovation. There are now more job openings in the U.S. than there are unemployed Americans.
8 Things Leaders Do That Make Employees Quit
They’re some of the most expensive mistakes you can make.
September 10, 2019
Summary.
Only about a quarter of employees who quit their jobs do so within their first year. The rest stay for a bit longer. This means you have plenty of time to assess flight risks and address them. But, many times, the reasons people quit are deep-rooted and driven by faults in leadership. Some common leadership mistakes that drive employees to quit are: setting inconsistent goals, putting people in the wrong roles, failing to create a psychologically safe environment, and leading with bias. Understanding these behaviors, and how they impact your team, will help you identify those who are at flight risk, and make changes that may convince them to stay.
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Accelerate your career with Harvard ManageMentor®. HBR Learning’s online leadership training helps you hone your skills with courses like Attracting and Cultivating Talent. Earn badges to share on LinkedIn and your resume. Access more than 40 courses trusted by Fortune 500 companies.
Discover how to attract, hire, develop, and keep talented people who will grow and thrive throughout their employee journey.