Bad bosses & cliques | Staff leaving? Your corporate culture may be to blame

The ‘Great Resignation’ is raging on with no sign of slowing down – and across the business world, leaders are tearing their hair out, wondering how they can get their staff to stay.

As the cost-of-living crisis deepens, many employees are looking for new, better-paid jobs to help them weather the storm – and while the job market is running so hot, this is going to become an increasingly attractive option for many.

Despite that, though, research suggests that it’s not salary that’s the main driver in workers seeking employment elsewhere – it’s culture. Research by Sloan Management MIT Review found that “corporate culture is a much more reliable predictor of industry-adjusted attrition than how employees assess their compensation.” Their data showed that a toxic corporate culture is 10.4% more likely to contribute to attrition than compensation.

The question is: how do you know if your company has a toxic culture? Here are five very clear indicators: