The truth behind why workers leave

(2 minutes to read)

More than a quarter of British workers have lied to their bosses about why they are leaving their job, with younger workers, LGBT and ethnic minorities more likely to fib.

Business owners might be interested to learn that a recent report has shown that 27% of UK employees have lied to their bosses when they leave their job.

Interestingly, this figure rises to 40% for younger workers (ages 18-34), 36% for LGBT workers, 37% for those from an ethnic minority background and 43% for workers with a long-term health condition.

The Michael Page research, which surveyed 2,000 British workers, revealed the real reasons for people leaving their jobs.

For example, one third (32%) leave jobs because they didn’t think they were being paid enough, a fifth (21%) didn’t feel valued in the workplace and 15% said their job negatively impacted their mental health. Not fitting in or feeling included were also cited as a reason for quitting by one in ten (9 per cent).

Sheri Hughes, UK diversity & inclusion director at Michael Page, commented, “It’s evident that organisations are not doing enough to ensure their employees feel valued or included, with so many workers being embarrassed or unwilling to admit the real reason they’re leaving a job.

“Having a distinct inclusion policy in place should be a priority for businesses of all sizes to efficiently attract and retain top talent. We’re on a mission to help companies understand how they can improve these policies and mitigate the risk of losing talented employees.”

The study also found that almost half of workers (45%) said their company did not have a specific policy on inclusion and more than half (58%) said they didn’t think their company prioritises diversity and inclusion.

Thinking of appointing Dolan Accountancy?

Give us a call on 01442 795 100 or email jaime.thorpe@dolanaccountancy.com.

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To help employers understand how best to implement an effective inclusion policy and feel valued in the workplace, Michael Page has worked with Dan Robertson from VERCIDA Consulting, a global diversity and inclusion expert. Together they have created an Inclusivity Mapper, which allows businesses to see how they fare against others in their industry on topics from leadership to culture and get tailored advice on areas that need improvement.

Dan Robertson, said, “While many organisations have focused on the “Diversity” aspect of D&I, too many are still burying their heads in the sand when it comes to inclusion. This is not beneficial for businesses or their employees. What’s clear is that negative cultures are having a significant impact on companies around the UK, and workers are leaving as a result.

“There are a number of measures business can take to foster an inclusive culture. The starting point is the organisational leader followed by the line manager. I’d urge all leaders and managers to pause and reflect on the implications of these finding for their own businesses.”

To find out more about contracting please contact Jaime on 01442 795 100 or email jaime.thorpe@dolanaccountancy.com.

Why Dolan Accountancy?

Dolan Accountancy was set up by Simon J Dolan, the man behind the well-known brand SJD Accountancy. With over 25 years experience in the contracting marketing, Dolan Accountancy has the heritage, reputation and credibility you can trust. Working closely with our sister company, Contractor Umbrella, it means we can offer one low cost, fixed fee package at £95 + VAT per month. This gives you the flexibility of using both our Limited Company Accountancy Services and our award winning Umbrella Service, for one inclusive cost. We don’t believe in tiered packages or hidden extra fees, instead we aim to give you everything you need, including:

  • Free Company Formation – This is where it all begins. Once you have decided on an available name, we will form your company free of charge (if using our accountancy services) and it will be ready for you to use in as little as three hours.
  • Free use of Contractor Umbrella – With changes in Public Sector IR35 Legislation we understand that sometimes you are required to contract via an umbrella company. We will keep your limited company ticking over, while you work margin free via our sister company, Contractor Umbrella.
  • A Dedicated Accountant – Your accountant will be there for any company or personal tax advice that you require. We will never outsource work, even to internal teams.
  • Free Access to FreeAgent – The founder behind the multi award winning FreeAgent platform was one of Simon’s first clients, therefore it only seems fitting that we offer all of our clients access to FreeAgent, free of charge.
  • Free Business Banking – We have decided to waive our commission so our clients can use Tide free of charge for the first year.
  • Unlimited IR35 Status Reviews – We will review all of your contracts for IR35 purposes and provide you with our professional opinion as to its status.
  • Free Registered and Director’s Service Office Address – Sometimes you just don’t want your home address on display at Companies House. When you sign up to our accountancy services, we will offer the use of our address as an alternative.
  • Your Business and Personal Taxation Needs – This includes Company Accounts, Director’s Personal Tax Return, VAT Returns, Payroll, Corporation Tax and Dividend advice, to name just a few.
  • Same day payments- We offer same day payments as standard providing funds are received into our account by 9am, for no additional fee.

If you’d like to find out more about how Dolan Accountancy can help you and your business, please give us a call on 01442 795100 or email sophie.lewis@dolanaccountancy.com or jaime.thorpe@dolanaccountancy.com.

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