Lack of career development top reason for worker attrition, report says

One of main reasons employees are leaving their jobs is due to a perceived lack of career development and advancement opportunities, according to a July 13 McKinsey report.

In the survey, more than 13,000 workers from six countries, including the U.S. were asked  what spurred their voluntary resignations. The results showed that reasons for leaving were multifaceted and won't be a simple fix.

Around 40 percent of the workers surveyed were planning to leave their jobs with 48 percent of that group leaving to join a different industry. The top reason cited for workers quitting was a lack of career development and advancement opportunities, with 41 percent of leavers claiming this as the top reason. The next top reasons for quitting were Inadequate compensation (36 percent), uncaring and uninspiring leaders (34 percent) and a lack of meaningful work (31 percent).

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