WHY VALUED EMPLOYEES QUITE???
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Everyone has good and bad days at work, but when an employee has too many bad days, they may start strategizing to leave that job behind.If you've worked hard to get the best possible people on your staff; the ones most desirable to your competitors; needless to say, you don't want to lose them due to situations you could prevent.
Here are few reasons...
01. A Lack of Work/Life Balance
Family
or other responsibilities can require flexibility that an employer is
unable or unwilling to provide. Then employees sometimes find it easier
to quit than to rearrange their family obligations.
02. Employees Don’t Feel Valued or Recognized
Not
getting recognition is one of the top reasons for why employees leave
their organizations. Lack of recognition leads employees to leave their
current employer and go looking for new opportunities.
03.Poor Management
Unfortunately,
in many companies being a manager is considered a step on a typical
career ladder, regardless of an employee’s skills. Managers require
expert communication and interpersonal skills
04.Other Good Employees Leave
Just
as the saying “People don’t leave jobs, they leave bad managers”, the
opposite is also true. People stay in a job because of a well-liked
manager. So when this well-liked manager leaves the organization for a
new job, employees may no longer feel the connection to the organization
as they once did, and would want to leave too.
05.No longer challenged
Good
employees don’t want mindless work; they want to be engaged with their
work and feel like they are continuously learning. Creating fresh
challenges and setting new goals helps employees feel useful and keeps
them interested
06.Feeling underpaid
Salary
is another top reason. Employees can easily find out what their peers
in other companies are earning, which makes them acutely aware of their
market value. Offering competitive salaries and other benefits can thus
motivate them to stay. Keep in mind though that not every resignation is
financial in nature, and that uncovering other underlying factors may
be necessary to retain an employee.
07.Lack of Teamwork
Poor team collaboration not only hinders employee performance, but it also creates a toxic work environment. In fact, our survey found that 1 in 2 people felt discriminated against by their peers. Undoubtedly, this is a contributing factor to bad teamwork and has a direct impact on employees’ job satisfaction, which, as a result, leads to a significantly higher turnover.
Conclusion
By
being mindful of an employees needs, and particularly what would make
them reconsider their current employment, you can take measures to avoid
an employee leaving.
If
you check Statistics , shows that it can cost up to 40% of an employees
annual salary to replace someone, by the time you take into account
recruitment and advertising costs, training the new employee.
References
Available at: http://www.coursehero.com
Anon., n.d. IBIMA Publishing. [Online]
Available at: http://www.ibimapublishing.com
Armstrong, M., 2006. Human Resource Management Practice. London N1 9JN. UK: British Library.
AZIRI, B., 2011. Job Satisfaction: A Literature Review. Management Research and Practice VOL.3 ISSUE 4, pp. 77-86.
Everyone has faced more problems in working but manager is bearing more responsibility for having good environment for working happily, good article explained it nicely
ReplyDeleteAccording to Gallup, (2021) “They may be generally satisfied but are not cognitively and emotionally connected to their work and workplace; they will usually show up to work and do the minimum required but will quickly leave their company for a slightly better offer,”
ReplyDeleteBecause firms pay immediate exit costs when an employee leaves and incur additional expenditures to attract,recruit and train new workers, employee turnover is extremely costly. Incidental expenses can be incurred as a result of turnover, such as decreased production, knowledge loss, and lowered morale. Hire the right people,Keep up with the market rate and offer, competitive salaries and total compensation,Closely monitor toxic employees,Reward and recognize employees,Offer flexibility,Prioritize work-life balance,Pay attention to employee engagement can avoid employee turnover.
ReplyDeleteManaging employees in an organisation is actually much more complicated than you would have originally thought. Employees have different personalities, goals and needs — and it’s not always easy to balance business human resources with general operations.
ReplyDeleteit can be reason of the superiors because people leave not for because of the leader.
ReplyDeleteIt may seem insignificant, but not feeling valued or trusted at work is one of the reasons why talented people leave. Whether they believe they are not valued by their supervisor or their coworkers, bad feelings might build up over time, leading them to leave.
ReplyDelete