Monday, May 11, 2020
Why Are Your Employees Quitting and How Can You Retain Them
Why Are Your Employees Quitting and How Can You Retain Them Employee turnover is a major global epidemic that is plaguing companies. The workspace is not what it used to be and has changed for good. In the olden days, there were fewer options compared to the ocean of opportunities today. Employees often flit from one job to another as soon as they get a better opportunity. Many feel that Millennials, as a generation, are less stable and not as hardworking as previous generations. But that isnt true, as the stress levels today are a lot higher than they used to be. There are many more challenges and complications in todayĆ¢s technologically advanced world than ever before. An ideal team of employees and management is hard to find these days. Companies are only made of humans and by default, each company has its own unique dysfunction, which the employees learn about sooner or lateroften being the trigger that causes them to quit their job. Dysfunctions can be anything from having inflexible work hours, to a manager who isnt empathetic, lack of career advancement or promotional opportunity, unchallenging work, lack of opportunity to use their skills and abilities, company politics, overall corporate culture, unhappiness with salary and benefits, etc. The best way to retain employees is to understand what theyre considering, and what theyre thinking. Surveys and feedback are one figure it out. Are they happy with their work? Are their requirements being met? Do they have the correspondence, critical thinking, input, and acknowledgment that they require from their supervisor? Staying in touch with your employees can help you solve the issues of employee turnover faster than you think. To know more about it you can go through the detailed infographic below on employee retention, which gives a list of reasons for employee turnover and some great solutions.
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