Dana Sumpter Discusses the Main Factors Influencing High Turnover Rates with Wallethub
The aftermath of COVID-19 can still be felt around the world and is affecting employee career decisions. Pepperdine Graziadio faculty member Dana Sumpter was recently featured in Wallethub describing the main influence factors causing high worker turnover. Employers who treat employees like a number, do not recognize their humanity and well-being, and continue to ignore the safety and work environment of their employees’ daily experience, will face higher turnover rates than those who treat their employees with dignity and humanity. However, there is a way for employers to encourage employees to stay by aligning with recent trends including looking at ways to make real change, offering hybrid or flexible work arrangements, providing structured work policies, and seeking feedback from employees. “I believe we will continue to see labor market volatility and an employer-challenged labor market,” said Dr. Sumpter. She goes on to describe the issues facing industries that heavily rely on the women labor force and that those industries are slow to change.
The full article is available on WalletHub.