EZexitinterview.com Publishes 2018 Turnover Report

USA - English

• USA - English

AUSTIN, Texas, March 13, 2019 /PRNewswire-PRWeb/ -- EZexitinterview.com (EZEI) released its inaugural Turnover Report on March 8, 2019. The data is the result of over 3400 exit interviews taken from EZEI's user group in 2018. EZEI's User Group includes over 800 auto dealership and convenience store companies. Results are reported both globally and segmented by industry allowing each company to compare their results against all users as well as within their peer industry group.

The complete report is available at http://www.ezexitinterview.com/news. Highlights include:

• 44.15% of all respondents left their jobs within the first 90 days of hire; 80.2% within the first year.
• 88.73% of discharged employees were unaware their Manager "was unhappy with their job performance" prior to being let go.
• 59.38% of resigning employees left because they "were dissatisfied with the job, company or management".
• 41.82% of respondents resigned specifically because they "didn't like [their] treatment by managers or co-workers".

An early release of the Report was distributed to HR and Business professionals (non-users) for their review. The complete texts of their analyses are available on EZEI's website but selected excerpts are below:

• "The Report makes clear the importance of straightforward and timely feedback for new employees. My experience in working with companies throughout the country is that the cost of turnover (usually calculated as 20% of an employee's annual salary, or about $6240 for a $12.00/hour employee) is more than $750,000 lost to these companies – and that's exclusive of the 60% who didn't respond." Kurt G. Helm, Ph.D., Helm and Associates
• "… over 40 percent of resigning employees didn't like their treatment by managers or co-workers. This should prompt employers to better train their employees with human relationships and communication skills." Tony Cordaro, Connex Services, Inc.
• "The data speaks strongly to employee resignations. Particularly alarming is the turnover in the 1-3 years category i.e. seasoned and trained workers. Turnover costs organizations in four ways: offboarding Costs, onboarding costs, vacancy and negative public relations (GlassDoor, etc.)". Darrel Raynor, DataAnalysis
• "The data suggests the manager's involvement is critical in the selection and retention of employees and they have a significant impact on employee satisfaction and retention. Job design and clarity are important to the hiring process and for determining if candidates are the right fit for positions." Stan Fletcher, Human Capital Solutions
• "…80% of discharged respondents were dismissed with less than one year of employment and half that number did not make it past 90 days while 70% did not fully understand why they were let go. Yet 50% would reapply to the same company! Either new employees are not getting the attention they need to succeed or hiring practices are inadequate to prevent hiring the wrong people. Both are shortcomings and profit killers for management." Mark Hinton, FC Construction Services
• "…People leave their jobs for a variety of reasons. Compensation is a driving factor but it's not the primary one. Building and maintaining a positive relationship with your employees comes back to workplace communication. The communication or lack thereof often makes employees feel undervalued, ignored and confused about their role as indicated in the survey. Most respondents did not know where they stood with their managers and employers." Jose Laurel, G&A Partners

"Companies are hemorrhaging workers and the data makes that very clear," said John Pate, Founder/CEO of EZEI, adding "The full employment economy makes it very easy for employees to find 'greener grass' down the street if they believe they're being mistreated. The result is constant turnover, crisis hiring, and reduced bottom lines. We're very pleased at the response from our User Group and believe this tool and the resulting information are incredibly beneficial to our Clients in the ongoing battle against turnover."

About EZexitinterview.com

EZexitinterview.com is an automated exit interview and survey tool that uses email and text messaging to allow every former employee the opportunity to provide feedback about their employment experience. Surveys can be completed using their mobile devices and anonymity is guaranteed. Results are automatically aggregated to provide actionable information for each User – both collectively as a company and/or by location, region, etc. More information is available at http://www.EZexitinterview.com.

SOURCE EZexitinterview.com