Why talented employees quit

When Calvin Coolidge announced he would not run for re-election to the Office of the President of the United States he surprised many people. No reason for the retirement was given so one reporter felt duty bound to ascertain the reason.
Coolidge replied, “I’m leaving the office because there is no room for advancement.”
As odd a reason as this may be it is precisely one of the leading reasons people leave an organization according to a recent survey by Right Management. If the resignation is from someone that is overrating their own performance it is not necessarily bad news. However if the resignation is from one of your talented or skilled employees, they will be hard to replace.
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Labels: Retention