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Shifts in American Culture? Sixth Annual “Biggest Quits” List Names 2010’s Top Resignations

01-06-2011 02:35 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Retensa LLC

FOR IMMEDIATE RELEASE

Retensa presents, the “Biggest Quits of 2010,” an annual review of resignations in sports, business, and politics in the United States.

New York, NY, January, 2010 - Retensa, a leader in Talent Management Strategies and Research, publishes its sixth annual “Biggest Quits” list. 2010 was a year of economic recovery and social change. Disgruntled workers are ready to jump ship at a record pace and in dramatic ways. A staggering 84% of people already employed plan to look for a new position in 2011. Up from 60% last year and the highest percentage ever recorded. If only one-fourth of them take action, it will be higher than any voluntary turnover rate in history.

Each year, Retensa compiles a list of the top ten most noteworthy resignations across all US industries, sports, and government. Fewer resignations at the top of the helm took place this year, but those who did made a statement. Who would think that Steven Slater, a flight attendant from JetBlue, would make the same list as Simon Cowell, acerbic judge on American Idol? What does the Chief of Staff of the White House have to do with the NBA’s Most Valuable Player? Ever wonder what happened to MySpace and what they have in common with the DC Chancellor of Schools?

In 2010, Americans demanded transparency and stronger leadership. The inevitable growth of social media pushed organizations to increase tweets, likes, fan bases, and network connections, which accelerated the already always-on news cycle. HR departments stressed over social media policies and disciplinary measures. Lower tolerance of smoke screens and demand for transparency sprung WikiLeaks into the conversation. Could our dig out of the recession also be the start of a cultural revolution? What happens when leadership changes don’t work out for the best? Find out whose resignations made an impact big enough to create change in 2010. The answers can be found in the sixth annual publication of Retensa’s Top 10 “Biggest Quits".

About the “Biggest Quits” List
Only U.S.-based departures qualify for inclusion on Retensa’s annual “Biggest Quits” List. To make the top 10, Retensa applies three criteria: (1) the magnitude of impact in the individual’s industry or field, (2) the financial loss or loss of influence of the enduring organization, and (3) the degree that the enduring organization is unprepared to respond. View and post your comments on this year’s list at: http://www.biggestquits.com. ###

About Retensa
Retensa addresses the social and economic impact of employee turnover for public, private, and non-profit organizations. They combine experience and web-based technology to develop, motivate, and retain a company’s best employees. To create the “Retention Environment,” Retensa provides expertise in HR Metrics, Mentoring, On-line Employee Surveys, On-line Exit Interviews, Executive Coaching, Succession Planning and talent management solutions. For more information about the results you can achieve visit www.retensa.com or call 212.545.1280.

Retensa, LLC
55W 39th St New York, NY
Anna Wong
anna@retensa.com
2125451280

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