Ask Visier: Why Are Your Employees Resigning?

Understanding why employees are exiting and how to retain them is critical to avoid the loss of valuable skills and experience in your workforce. Organizations with a people analytics solution like Visier can better determine what’s behind employees’ decision to leave, and what they can do to retain their talent.

Why is it challenging to determine why employees resign?

It can be difficult to know where to start, as each business area will have its own challenges that will need to be tackled differently. You first need to know your business priorities and focus on areas that have the most impact on the business.

Then, there’s your data. Do you have the right data and enough information to uncover the answers you need? You might have trouble gaining access to this information if your organization doesn’t currently have processes in place to collect and share it.

And once you have that, the cleanliness of your data may be one more hurdle to overcome. We recommend not allowing this to hold you back while taking the necessary steps to drive initiatives forward. There are many techniques and tools, including people analytics solutions, that can identify dirty data so you can work towards cleansing it.

How Visier helps you find out why employees leave 

Visier makes it possible to look at your overall turnover rate, and how it’s broken down by exit type: resignation, involuntary turnover, and retirement. Next, you can use Visier to see how turnover is trending and look for patterns over time. For example, are employees leaving after bonuses are paid? You could also break down the resignation rate by manager or location.

Once you identify high turnover in specific areas, keeping in mind your business priorities, you want to understand what’s driving turnover so you can put an action plan in place. Visier has a powerful tool that can help called the drivers chart. This shows the groups and attributes in your organization that have the greatest influence in driving the resignation rate up or down and will help you discover which groups to focus on to make the largest business impact.

Drivers of Resignation Rate

You’ll also want to look at performance to see the rate of regrettable turnover. If you see that those with poor performance are leaving, you could uncover opportunities to improve your quality of hire. If your top talent is leaving and you’re tracking exit reasons, what do they say? Did they note something about the organization, like compensation or an issue with the culture?

Printpack used people analytics to slice and dice turnover data by manufacturing location to measure how turnover impacted the company’s KPIs and pinpoint what levers impact staff attrition the most. With Visier, Printpack identified the employee population that was most at-risk for turnover, adjusting their programs to significantly increase retention. Ultimately, they reduced hourly staff turnover across all factories by 33%.

Using a people analytics solution like Visier helps you make the most of the data you have and find the causes of employees' exits. Analyzing this data gives you more context behind turnover and what needs to change to keep the talent that exists in your organization.

Read more on using people analytics to learn why employees resign

• Visier’s monthly resignation report provides definitive insight into the labor market behavior that impacts your business. Explore the rates for your industry and identify which populations are driving employee mobility.

• This guide breaks down the top six reasons that your employees might be on their way out, the signs to look out for, and how you can keep them. Download for free.

• The right workforce analytics framework should help develop tailored employee turnover solutions and design tailored employee retention programs.