Top performing sales reps are rare — making up only 10-15% of the sales industry workforce — and, they are highly sought after. In order to remain competitive, it is essential that companies implement effective strategies to keep their top talent.
However, research shows that the voluntary turnover rate for salespeople (15.9 percent) is higher than the average rate for other types of employment (14.3 percent). These statistics demonstrate that in sales, if your employees are unhappy, they will move on to the next opportunity.
As a sales executive, it is crucial that you have a deep understanding of why your top talent is leaving in order to increase retention rates. That is why we have put together the top 21 reasons great salespeople leave their current position and what you can do to mitigate the risk of losing your best salespeople.