Current:Home > NewsOne way employers drive workers to quit? Promote them.-LoTradeCoin
One way employers drive workers to quit? Promote them.
View Date:2024-12-23 21:29:26
Promotions in the workplace are typically granted to star employees as a reward for their stellar performance. Counterintuitively, however, such recognition can backfire, new research shows.
Although employers tend to elevate high-functioning workers to enhance operations and as a way to retain valuable team members, that can make top performers more desirable to other firms and lead them to jump ship, according to payroll provider ADP's Research Institute.
"One would think that promoting excellent workers would only increase their motivation and commitment, and reduce their risk of leaving," data analyst Ben Hanowell, one of the authors of the report, wrote. "Think again."
"When someone gets their first promotion, the recognition might boost their commitment to their employer for a while. But it might also improve their confidence in their job prospects," he added.
The ADP Research Institute analyzed the job histories of more than 1.2 million U.S. workers between 2019 and 2022 in order to estimate a person's propensity to leave their employer after a promotion. The researchers found that moving up the ranks often leads to workers abandoning their employers. Within one month of their first promotion, 29% of employees had left their jobs, ADP found.
The firm estimates that only 18% of promoted staffers would've left had they not been promoted. The upshot? Elevating workers' position led to a roughly two-thirds increase in the likelihood that they would leave. Workers in jobs with the lowest barriers to entry were most inclined to leave after a promotion, compared with those that required a graduate school or advanced technical degree.
To be sure, recently promoted employees also quit for other reasons. For example, promotions can lead to workers being overwhelmed by new responsibilities and higher expectations. But ADP's findings suggest that, rather than engendering loyalty to a company, workers could view their promotions as giving them a leg up in finding another job.
One factor mitigating the risk for employers: Promotions are quite rare. Only 4.5% of workers earn promotions within their first two years in a job, according to previous ADP research.
veryGood! (311)
Related
- Barbora Krejcikova calls out 'unprofessional' remarks about her appearance
- Jennifer Lopez says divorce from Ben Affleck was 'probably the hardest time of my life'
- Close call at Nashville airport came after planes were directed to same runway, probe shows
- Sean 'Diddy' Combs' lawyers accuse government of leaking video of Cassie assault
- Who is Rep. Matt Gaetz, the Florida congressman Donald Trump picked to serve as attorney general?
- Sean ‘Diddy’ Combs to make first appearance before trial judge in sex trafficking case
- Powerball winning numbers for October 9 drawing: Jackpot up to $336 million
- Who is TikTok sensation Lt. Dan? The tattooed sailor is safe: 'Wasn't too bad'
- Will Trump curb transgender rights? After election, community prepares for worst
- Milton damages the roof of the Rays’ stadium and forces NBA preseason game to be called off
Ranking
- Catholic bishops urged to boldly share church teachings — even unpopular ones
- New Orleans Saints to start rookie QB Spencer Rattler in place of injured Derek Carr
- Tennis legend Rafael Nadal announces he will retire after Davis Cup Finals
- Trump-Putin ties are back in the spotlight after new book describes calls
- Kristin Cavallari's Ex Mark Estes Jokingly Proposed to This Love Island USA Star
- Arizona Democratic office hit by third shooting in weeks. There were no injuries or arrests
- Taylor Swift Donates $5 Million to Hurricane Milton and Hurricane Helene Victims
- 'Love Island USA' star Hannah Smith arrested at Atlanta concert, accused of threatening cop
Recommendation
-
These Yellowstone Gift Guide Picks Will Make You Feel Like You’re on the Dutton Ranch
-
Tennis legend Rafael Nadal announces he will retire after Davis Cup Finals
-
Hurricane Milton's power pulls roof off of Tropicana Field, home of the Tampa Bay Rays
-
Erik Menendez's Attorney Speaks Out on Ryan Murphy's Monsters Show
-
Who's hosting 'SNL' tonight? Musical guest, start time, where to watch Nov. 9 episode
-
Jake Paul explains what led him to consider taking his own life and the plan he had
-
CBS' handling of contentious 'Mornings' segment with Ta-Nehisi Coates raises new questions
-
Smartwatch shootout: New Apple Series 10, Pixel 3 and Samsung Galaxy 7 jockey for position