New study identifies the most common reasons for employee turnover are transportation and childcare.
Michigan Works! Southeast, along with five other Michigan Works! Agencies contracted with the Workforce Intelligence Network (WIN) to research employee turnover in our region.
“We commissioned this study in direct response to meet the needs of our employers,” said William Sleight, Director of Michigan Works! Southeast. “With a record low jobless rate of 3.14 percent in our region and 4.0 percent in the state, our employers are looking to us to help them recruit and retain talent. We realized that we needed to find out why employees are leaving before we could effectively respond to their needs,” said Sleight.
Through this report, we learned that 25 percent of employees are leaving due to conflicts with transportation, yet only 9 percent of area employers offer transportation support. “This statistic speaks to the need for Business Resource Networks in our region”, said Sleight. “Over the past six months, these networks have helped more than 600 employees retain their jobs by providing key supports to help them overcome problems that impact their productivity and attendance,” Sleight added.
Michigan Works! Southeast is part of a statewide network of organizations that contributes to the economic prosperity of our communities by developing a strong, talented workforce. The agency serves businesses and job seekers in the counties of Hillsdale, Jackson, Lenawee, Livingston and Washtenaw.
The post Cause and Effects of Employee Turnover appeared first on Ann Arbor SPARK.