To be fair that phrase isn't supposed to be a "fact", but I believe when studies are done a lot of people leave their job because of poor management, toxic environments, lack of advancement or training, etc. Generally, these reasons can all be rectified with good management.
I'd also say it's a phrase for managers, rather than the normal employee. It's to remind managers that being a good manager to the employee is far more beneficial to them and the company than it is to just be an adult babysitter.
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To be fair that phrase isn't supposed to be a "fact", but I believe when studies are done a lot of people leave their job because of poor management, toxic environments, lack of advancement or training, etc. Generally, these reasons can all be rectified with good management.
I'd also say it's a phrase for managers, rather than the normal employee. It's to remind managers that being a good manager to the employee is far more beneficial to them and the company than it is to just be an adult babysitter.