A new report reveals that top-performing employees are leaving their jobs at a growing rate. These high achievers are searching for career growth opportunities, but many feel stuck as traditional paths to promotion disappear across most industries.
The research, conducted by Workday, found that the number of high performers quitting has risen in every industry this year. Retail saw the largest jump, with a 64% increase in departures, followed by healthcare at 28%, and professional services at 14%. These top workers are vital to business success, so their leaving has a big impact.
One key reason behind this trend is what the report calls a “promotion recession.” Almost all industries—10 out of 11—are giving out fewer promotions than before. Manufacturing is the only sector reporting an increase in promotions. At the same time, fewer roles are being filled by current employees, while companies turn more to hiring from outside. Hiring managers tend to favor new applicants, leaving internal candidates overlooked.
The report warns that this approach hurts companies. Ignoring internal talent lowers agility, weakens resilience, and makes it harder to keep skilled workers. High performers want to grow, take on challenges, and develop new skills. Without chances to advance, many choose to leave.
To stop this loss, employers are encouraged to rethink how they support career growth. Instead of only offering upward moves, companies should create career paths that include sideways moves, project-based roles, and skill development programs. This can keep employees engaged and ready for future leadership positions.
Building a workplace culture that encourages challenge and connection is also important. Managers should talk regularly with employees about their growth and use talent data to match people with key projects, teams, and mentorship opportunities. These steps help keep top talent motivated and committed.
In short, businesses need to find new ways to help their best workers grow. Without change, the trend of losing valuable employees is likely to continue.