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Employee morale is perhaps one of the most important but most difficult things to manage. It’s critical to maintain high morale in order to increase retention, but it’s often difficult to get an accurate read on how employees feel and what is causing them to be dissatisfied. [HR Daily Advisor]
Most managers believe the leading reason employees leave is for more money. While compensation is a contributor, my company conducted an employee exit survey audit that found it is not the leading reason. Rather, a large number of employees left due to: decreased employee morale, lack of employee development, and feeling disconnected from overall company priorities and objectives.