ANALYSIS
ANALYSIS
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Employee Survey
To better understand the factors driving attrition in a company, it is essential to examine comprehensive employee survey data that includes ratings for job satisfaction, work environment satisfaction, and work-life balance. These survey responses provide valuable insights into the areas where employees feel dissatisfied or overwhelmed, leading them to consider leaving the company.
Understanding these factors is crucial for companies to develop targeted interventions that can address the root causes of employee turnover and improve employee retention. Therefore, analyzing employee survey data is a critical step in developing effective strategies to mitigate attrition and improve the overall health and sustainability of a company.
Analysis of Employee Survey Data
The three factors of environment satisfaction, job satisfaction, and work-life balance are strongly associated with higher attrition rates. Factors such as department, job role, income, support from managers, and marital status can influence these factors. Employees who report low satisfaction in these areas are more likely to consider leaving the company, highlighting the importance of promoting a positive work environment, job satisfaction, and work-life balance to reduce turnover rates.
>> Reasons for Low Ratings
Environment Satisfaction
Poor physical work environment, including lighting, ventilation, seating, or equipment, can lead to discomfort, stress, and lower job satisfaction.
Dissatisfaction with the work environment can contribute to employees seeking alternative employment opportunities.
Feeling undervalued due to a perception that the company does not prioritize their needs can result in disengagement and decreased loyalty to the organization.
Job Satisfaction
Limited growth and advancement opportunities can lead to job dissatisfaction and employees seeking employment elsewhere.
Job satisfaction positively impacts employee engagement and motivation, leading to increased productivity and quality of work.
Positive relationships with colleagues and managers resulting from job satisfaction lead to a positive work environment and increased employee loyalty.
Work Life Balance
Poor work-life balance can cause employees to feel overworked and dissatisfied with their job, leading to a higher likelihood of seeking alternative employment opportunities.
Struggling to maintain a healthy work-life balance can result in burnout and decreased productivity, potentially leading to disciplinary action or termination.
Employees may prioritize their personal lives over their work when their work-life balance is out of sync, leading to absenteeism, tardiness, and team resentment.
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