Competent, skillful, and talented employees are the backbone of any successful business, but why good employees leave organizations? It is not only difficult to find such employees but retaining them is even more challenging. According to Apollotechical, 3 to 4.5 Million employees each year leave their job in a month. There are many reasons for employees to leave their job, but we are discussing the most common causes.
There are many reasons why good employees leave their jobs, but some are more common than others. Here are the top reasons why employees leave their jobs, according to a recent survey:
- Employees feel they need to be more appreciated.
- Underpaid employees.
- Excessive workload.
- Employees need to find more challenging work according to their capabilities.
- More opportunities to grow and develop.
- Employees do not fit in the company’s values or culture.
- Misconduct of the bosses.
- No autonomy or independence.
- Hard to maintain a work-life balance.
- Employees feel undervalued.
Employees quitting their jobs is common, and it’s something that all employers should be aware of. Most employers are mindful that employee retention is vital for the growth and success of the business. Here are the top 5 reasons why good employees leave their jobs:
When employees feel like they’re just a cog in the machine, it’s no wonder they start looking for a way out. If a company wants to retain its best employees, it should ensure that its employees feel valued and appreciated. Regularly thank employees for their hard work and offer opportunities for growth and development to help retain good employees for a long time.
Boredom is a big reason for employees to quit their jobs. If employees are stuck in a rut, it’s time to give them more responsibility or challenges to increase their engagement. Employees should always think that their employer trusts their abilities, and employees should believe they have the potential to do great things.
Employees constantly overwhelmed by their workload are more likely to burn out and leave their job. If a business wants to keep its employees happy and productive, it should ensure their workload is manageable. So, consider offering employees help procedures and tools to make their job easier and help them to manage their workload.
Employees feel satisfied when they must be aligned with their company’s values or culture. A business should ensure that its employees fit into their company culture and values. Communicating the company’s values and promoting a positive workplace culture can increase employee retention.
Having time for friends, family and hobbies is essential to maintain a healthy work-life balance. Unsatisfied employees may find that their managers are always contacting them outside of working hours or that employees are constantly working overtime. At some point, this can impact employees’ personal life and make them feel burnt out. Employees may look for a new job that values employees personal time and can help them achieve work-life balance once again.
In today’s job market, it’s not uncommon for employees to hop from one company to another to search for better salaries, benefits, or opportunities. But there are still plenty of employees who remain loyal to their employer, even if it means preceding a bigger paycheck elsewhere.
There are several reasons why an employee might choose to stay with a company for the long haul. For some, it’s simply a matter of comfort and familiarity. They’ve been with the same company for years and can’t imagine working elsewhere. Others may have built strong relationships with their co-workers and don’t want to start over at a new job.
Respect, reputation, and a sense of pride are other reasons employees stick to an organization for a long time. Employees feel that they are appreciated for the work they do. Employees are engaged in their work and feel satisfied.
Some employees stay because they believe in the company’s mission and values. They want to be part of something larger than themselves and feel they can make a difference at their current organization. And then some enjoy their work and don’t need to switch jobs just for a change.
Whatever the reason, employees who remain loyal to their employer are an asset to any organization. They add stability and continuity and can help mentor new hires through the ups and downs of company life. If an organization is lucky enough to have loyal employees on its team, it should let them know how much the organization appreciates its dedication!
If your organization wants to keep its employees happy, first they should explore why good employees leave their organization. Then they should know how to keep employees happy and motivated, here are a few key things organizations can do:
1- Communicate regularly and openly with your team to ensure that employees know company goals and can contribute to the organization’s success. Encourage employee feedback and provide opportunities for sharing their ideas and suggestions.
2. Make sure everyone feels like they’re part of the team by creating a positive work environment where everyone feels valued. It includes offering competitive pay and benefits, providing challenges and opportunities for growth, and showing appreciation for a job well done.
3. Offer flexible work options whenever possible. Employees will appreciate the ability to have a better work-life balance, which can make a big difference in retention.
4. Be understanding and accommodating when life happens outside of work. Whether it’s a family emergency or a personal issue, show that you understand that employees have lives outside of the office and be willing to work with them to find solutions that don’t sacrifice productivity or quality of work.
5. Finally, keep your promises! If you tell your employees you’re going to do something, make sure you follow through. Trust is essential in any employer-employee relationship, so build it up by being someone who can be counted on to deliver on their word.
Employees’ motivation, dedication, engagement, and satisfaction are vital for the success of any organization. Period and regular feedback sharing, communication, flexible working hours, career development and growth opportunities, work-life balance, and employee recognition can boost their motivation, engagement, and satisfaction.
The employee recognition program is beneficial in improving employee engagement. An effective employee recognition program can boost employees’ productivity and satisfaction and reduce their stress, absenteeism, and turnover.
Book a DEMO of BRAVO to know how it can reduce employee turnover in your company and boost employee motivation, engagement, and productivity.