Your brand is only as good as your employees, and that’s exactly why other companies are more than happy to relieve you of your top performers. In a tight job market like this employee retention is essential. Top performers are approached with other employment opportunities on average 4.3 times per year, and 88% of them will reply to the contact.

Employee Retention & Turnover in a Tight Job Market

In a blind study, Qualtrics asked 800 recently promoted employees with outstanding performance reviews what makes them happy, what makes them work, and what makes them stay at their current job.

Key Findings:

  • Top performers are contacted about open positions with other employers on average 4.3 times per year and will respond about the position 88% of the time.
  • Offers of a higher wage and ability to work from home are most likely to lure top performers away
  • Top-performing women are over 2x more likely than men to leave for relocation reasons
  • Wage, work enjoyment and work/life balance are why top performers stay with an employer

Retaining top performers is easier when you understand why they would be tempted to leave. View the full report.