Latest / The Science of Leading / Breaking the Myth of High Turnover
Transcript
- 0:00Hey everyone-welcome back to The Science of Leading.
- 0:02I'm Claire Monroe, joined as always by the voice of reason,
- 0:06Edwin Carrington.
- 0:06Today we're busting some myths about why people really
- 0:10quit their jobs.
- 0:10And Edwin-I mean,
- 0:12most folks would just say "money," right?
- 0:15Or maybe, like, perks?
- 0:16But that's kinda missing the point?
- 0:16That's the popular narrative,
- 0:20yeah.
- 0:20But in reality-those are surface-level triggers.
- 0:20What's often underneath
- 0:26is behavioral misalignment.
- 0:26A few years ago,
- 0:30I worked with a mid-sized tech company-great salaries,
- 0:33generous perks-but they kept losing engineers.
- 0:33Turned out,
- 0:38they were hiring brilliant individual contributors into a highly collaborative
- 0:42culture.
- 0:43These folks didn't thrive in group problem-solving.
- 0:46They felt drained, even alienated... so they left.
- 0:50Quietly.
- 0:51No drama.
- 0:52Just out the door.
- 0:52Wow.
- 0:55Yeah, that... that hits.
- 0:55I'm thinking about all those lists we see-like,
- 1:01"top reasons employees quit"-bad bosses,
- 1:04toxic teams, no growth...But what you're saying is,
- 1:08it's less about one dramatic dealbreaker and more like-how someone fits
- 1:12into the day-to-day rhythm of a team?
- 1:12Exactly.
- 1:12If someone's wired for structure,
- 1:19and your team thrives in ambiguity?
- 1:21That's tension.
- 1:21If a role demands constant collaboration,
- 1:26but they recharge solo?
- 1:28That's fatigue.
- 1:28You can't yoga-retreat your way out of that kind of misfit.
- 1:28And
- 1:34the signs start small-less volunteering,
- 1:37more silence, maybe avoidance.
- 1:37If leaders wait for the resignation letter
- 1:42to start investigating... they're too late.
- 1:42Okay,
- 1:46so-real talk-how do you spot that misalignment early?
- 1:46Like,
- 1:50are there little tells that someone's already halfway out the door?
- 1:50There
- 1:54are.
- 1:54But they're subtle.
- 1:54You'll see withdrawal: they stop chiming in,
- 1:58stop offering ideas.
- 1:58Maybe it's increased sick days... or suddenly they're
- 2:04very active on LinkedIn.
- 2:04One of the big ones?
- 2:07They stop asking questions.
- 2:07Curiosity fades when people feel out of place.
- 2:07And
- 2:14sometimes, it's not even about what they do-but how others stop including
- 2:18them.
- 2:18That social drift?
- 2:20That's a red flag.
- 2:20That's such a good point.
- 2:20And we never talk about that
- 2:25stuff enough, right?
- 2:25We obsess over résumés,
- 2:28but we forget to ask: "Does this person actually enjoy the way we work?"Like...
- 2:34do they light up in this culture-or are they just surviving it?
- 2:34Exactly.
- 2:34Compensation
- 2:41might get someone to say yes.
- 2:41But fit-fit keeps them engaged.
- 2:41And respected.
- 2:48And growing.
- 2:48When those things click,
- 2:52people stay.
- 2:53Even through hard quarters.
- 2:53Okay,
- 2:56let's talk money for a sec.
- 2:56I've seen companies throw so much cash at
- 3:00retention-like, gourmet snacks,
- 3:03quarterly bonuses, even "please don't leave" stipends-...and still lose
- 3:07their entire top sales team.
- 3:07I saw it firsthand at a hospitality group.
- 3:07They
- 3:13had all the perks, but their stars bailed-and the whole team vibe just...
- 3:18deflated.
- 3:18So what's the real cost of turnover when companies don't get
- 3:22to the root?
- 3:22It's bigger than most leaders realize.
- 3:22Sure,
- 3:27there's the obvious: recruiting costs,
- 3:29onboarding, lost output.
- 3:29But the deeper hit is operational and cultural.
- 3:29When
- 3:36a respected teammate walks, it sends a signal.
- 3:36Morale dips.
- 3:41Momentum slows.
- 3:43Sometimes clients even feel it.
- 3:43Suddenly,
- 3:46your brand isn't just "innovative"-it's "unstable."And here's the kicker:
- 3:51it's rarely about comp alone.
- 3:51No one stays for the free yogurt.
- 3:51Ha-yep.
- 3:58Been there.
- 3:58And I've read that too-like,
- 4:00culture misalignment actually outranks salary as a predictor for quitting?
- 4:00Even
- 4:05top performers will walk away from money if the energy is wrong?
- 4:05That's
- 4:09right.
- 4:09In fact, that LinkedIn Workforce Learning Report showed 94% of people
- 4:14would stay longer if their company invested in their growth.
- 4:14So it's not
- 4:18just the vibe.
- 4:19It's vision.
- 4:19When people feel like they're moving with the organization,
- 4:24not just working for it-that's sticky.
- 4:24That's your retention strategy.
- 4:24Yeah-and
- 4:30it creates that ripple effect, right?
- 4:30Like,
- 4:32one person leaves... then their mentor starts looking... and suddenly you've
- 4:36lost more than headcount.
- 4:36You've lost know-how.
- 4:39You've lost continuity.
- 4:39It's this quiet unraveling.
- 4:39Exactly.
- 4:39And trying
- 4:44to fix it with surface perks is like slapping duct tape on a leaky dam.
- 4:44If
- 4:50you want people to stay-you have to build the foundation before it cracks.
- 4:50Okay,
- 4:55let's pivot to the "what now."If a company wants to get ahead of all
- 4:59this-what's the first real move?
- 4:59Like,
- 5:01what actually works?
- 5:01Start at the beginning-at hiring.
- 5:01Match people not
- 5:06just to job titles, but to team dynamics.
- 5:06Use behavioral assessments.
- 5:11Structure your interviews.
- 5:11And don't just ask "Can they do the job?" Ask:"Will
- 5:17they thrive in this specific environment?"Then-just as important-build
- 5:23in regular feedback loops.
- 5:23So you're not waiting for people to quit to
- 5:27learn what's broken.
- 5:27So good.
- 5:27Can you give us,
- 5:31like, a real-world "win" story?
- 5:31Where a team actually fixed this-from
- 5:35the inside-not with shiny perks?
- 5:35Definitely.
- 5:35I worked with a SaaS company
- 5:42whose customer success team had sky-high churn-despite high pay.
- 5:42We realized
- 5:47they were hiring for credentials,
- 5:49not for energy.
- 5:49So we adjusted the process-started screening for adaptability,
- 5:54collaboration, and resilience.
- 5:54We brought in assessments to understand
- 5:59preferred workstyles.
- 5:59And the results?
- 5:59Turnover dropped,
- 6:04belonging scores rose, and-this part surprised even me-customer satisfaction
- 6:09jumped, too.
- 6:09Because when your team feels like they belong,
- 6:13that radiates outward.
- 6:13That's such a good reminder.
- 6:13Even companies known
- 6:19for chaos-like, Netflix, Zappos-they're deliberate about culture and hiring.
- 6:19It's
- 6:24not about locking people in-it's about creating a place where they want
- 6:27to stay.
- 6:27Exactly.
- 6:27The best retention strategy isn't a cage-it's a magnet.
- 6:27When
- 6:35values, expectations, and workstyles align... even rapid growth feels energizing,
- 6:40not draining.
- 6:40That's the foundation you need to weather disruption,
- 6:45scale, and even the occasional misstep.
- 6:45Because people want to stay where
- 6:50they feel seen.
- 6:50So that brings us back to something we say a lot here:Hire
- 6:54for where you're headed-not just who looks shiny on paper.
- 6:54And build in
- 6:58fit and feedback early.
- 6:58That's how you design retention-not scramble to
- 7:02fix it.
- 7:02Well said, Claire.
- 7:02And if you're listening right now and thinking
- 7:08"Okay, but where do I start?"-Take a look at your best people.
- 7:08What do
- 7:12they have in common?
- 7:12That's your blueprint.
- 7:15Build from there.
- 7:15Love that.
- 7:15And if you're curious about how to actually
- 7:21apply this stuff-you can test OAD's behavioral assessments and tools-for
- 7:26free-at o-a-d dot a-i.
- 7:26It's a simple way to improve team fit... and start
- 7:31retaining the right folks.
- 7:31Couldn't agree more.
- 7:31Thanks for tuning in,
- 7:35everyone.
- 7:36Always a pleasure, Claire.
- 7:36You too,
- 7:38Edwin.
- 7:38Catch you next time on The Science of Leading!