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☆ Meet the millennials who don't want to be managers. They say the extra pressure isn't worth it.
  + stars: | 2023-11-23 | by ( Madison Hoff | ) www.businessinsider.com   time to read: +5 min
One millennial said the manager role she would move into next seems to be a high pressure job. Devika said younger millennials like her may not see moving to a manager role as worth it because "it's just giving up too much of your personal life and then life is short." That includes feeling extra pressure from senior management, Derler said. She added that new managers don't often get that learning opportunity and then form bad habits that are hard to eradicate later. The Visier survey found 71% of respondents, including those who don't necessarily want to be people managers, said better compensation would be a top incentive for becoming this kind of manager.
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☆ Layoffs might cause workers who are left behind to quit
  + stars: | 2023-01-19 | by ( Rebecca Knight | ) www.businessinsider.com   time to read: +5 min
As layoffs creep upward, the findings have implications for firms that have let go of employees. Visier published a study about turnover contagion following resignations, and later detailed its finding related to layoffs in a recent LinkedIn post. After all, managers might not be fully aware of their team member's social ties, particularly if employees work remotely or have a hybrid setup. Bosses might be on team Zoom calls, but they don't see, for instance, that their team members regularly text each other on and off the clock. But they need to think about their team member's salary, growth, and market value.
☆ Has your workplace caught the 'turnover contagion'? Here are some warnings signs
  + stars: | 2022-11-24 | by ( Goh Chiew Tong | ) www.cnbc.com   time to read: +3 min
This phenomenon is called "turnover contagion," the report said, where workers quit their jobs because of their peers. "[This] can provide the ideal breeding ground for turnover contagion as the interviewing process and learning more about potential other employers is made easier for employees." Smaller teams at higher riskAccording to Visier, smaller teams are most at risk of turnover contagion. That is due to "strong interdependencies" and personal relationships between co-workers in smaller teams, said Derler. Turnover contagion can last as long as 135 days, the report added, from the moment an employee voluntarily resigns.
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