employee turnover rates

What Causes High Employee Turnover in Startups?

Several factors can contribute to high turnover rates in entrepreneurial ventures, including:
1. Lack of Job Security: Startups often face financial uncertainties, leading employees to seek more stable opportunities.
2. Poor Work-Life Balance: The demanding nature of startup culture can lead to burnout and dissatisfaction.
3. Inadequate Compensation: Limited budgets may prevent startups from offering competitive salaries and benefits.
4. Mismatched Expectations: Employees may leave if the job role or company culture does not meet their expectations.

Frequently asked queries:

Relevant Topics