Do you find yourself having to hire and train new staff members on a regular basis? If so, there is likely a reason why your employee retention rate is low. Whether it be from management, a different opportunity, lack of interest, or something entirely out of your control, employees will have their reasons for quitting.
When you can start to narrow in on those reasons, you then can make any adjustments needed to retain your current staff. Corporate Business Solutions Reviews came up with five top reasons why an employee may quit.
Bored and Unchallenged
Having a dull day at work will make time go by quite slowly. Employees want to be challenged and be passionate about coming to work. If they aren’t, it makes it quite tricky to get out of bed in the morning.
Check in to make sure your employees are happy and feel motivated to do their job.
Workplace Relationships
One of the biggest reasons an employee will quit is due to having a poor relationship with their boss. No one says everyone in the office has to be best friends. However, having a positive and civil relationship helps ease tension and create an environment that employees are happy to be in.
Lack of Independence
Your employees want to be empowered. Doing so means you must trust them and let them perform their job as they see fit, as long as it is within the parameters of their description and the company. Showing staff that you trust them to do their job will go a long way.
Acknowledgement
How would you feel if day by day you put in your best effort, and it never gets noticed? After a while, it becomes demoralizing and can lead to you wanting to go somewhere else. If employees never receive recognition for what they do, how will they know they are doing a good job?
Acknowledging your staff can be anywhere from a pat on the back to rewarding them for beating their targets.
Company Culture
It could be that the company culture is no longer in line with the employee’s values. That isn’t to say the company culture is bad. It could just mean that the employee had a shift in what they want out of life and it is time for something different. However, if it is because of the way the company is running, then it may be time to take a step back and re-evaluate your business plan.
It’s important to have meetings with employees who express frustration or are walking out the door. When you know why they quit, you can then make the changes required to keep the rest of your staff happy.