According to recent evaluation by Department of labor, the average tenure of a U.S. employee is less than two years – a short 18 months! There are numerous reasons why individuals change jobs. Nowadays, it is rare for someone to get a job and stay with it for the rest of their life. There are many other open doors and our lives are filled with flexibility and diversity. However, there are many people who leave their jobs to seek an ideal environment — and it isn’t just about the money or the location.
But as for the business holder, losing a great employee is a terrible thing. Finding, onboarding, and training a replacement costs both time and money. Not to mention you don’t know how a new employee will work out. There's the hardship on the rest of your staff until the position can be filled.
So, why did you lose your great employees?
Here are the five top reasons that makes an employee to quit.
Nothing blazes great employees out quite like overworking them. Employesr, and clients expect more work out of these that work hard, which makes them feel as if they are being punished for good performance.
If you want to increase the work of your talented employees, you should increase their status as well. Promotions, title-changes, and raises are all acceptable ways to increase workload.
No career progression
Humans can no longer just do the same thing for the rest of their lives. They want to learn more and progress in their careers. Staff expect to be educated and trained so they can build their experience and skill. If a job provides no opportunity for career progression, chances are workers will leave and seek an ideal environment with better opportunities elsewhere.
People want to be recognized and applauded for a job well done. Recognizing employees, in business, is not simply a nice thing to do but it is an effective way to show your appreciation for their successes and efforts while also strengthening those behaviors and actions that make a difference in your organization. Lack of appreciation drives people to leave and find another job.
Every workplace needs an initiative structure, but an inflexible organization makes your employees unhappy. If your best performers know they're expected to deliver without contributing their ideas, don’t feel empowered to help make decisions, are always deferring to others on the premise of their title rather than their expertise, they don't have much to be glad about.
Most of the people who leave their job do so because of the boss, not the organization or work. Ask yourself what you may be doing to keep your best employees.
Lack of recognition
Even the most selfless people want to be rewarded and appreciated for a work done well. It is the nature of human beings. When you don’t reward or appreciate your good employees, you're not only failing to motivate them but also missing out on the most effective way to reinforce great performance. Even if you don't have the budget for bonuses or raises, you can provide them recognition by a money-free way-- although, a word of appreciation is free. If people are not noticed, they won’t care.
Hire and Promote the Wrong People
Hard working and good employees want to work with smart professionals. When managers don’t hire good people, it’s a annoying thing for those stuck working alongside them. And if you promote the wrong people, the condition becomes much worse. When you strive to give your best effort only to get a promotion or just an appreciation that’s given to someone who glad-handed their way to the top, it’s a big offense. It makes the good people leave you.