Why Do Workers Keep Leaving?

As an employer or manager, you may find yourself asking “why do workers keep leaving?” For some organizations, high turnover rates are a real issue. For others, retention is a lot better, but still leaves something to be desired. No matter where you are at with retention rates, it is important to ask yourself why employees are leaving. Do you offer enough benefits? Do you provide enough salary incentive? Is your managing style to blame? There are many factors to consider, but some of the top things to ask yourself include:

Am I paying my employees enough?

Unfortunately, as an employer, you may not be able to do much about this question. Sometimes, what you can afford to pay employees just won’t be enough. However, before you lose great employees because you cannot pay them what they want, you should sit down with them, explain the goals of the company, and how you see them fitting into your future. By including employees in your company goals, you can provide them with a real sense of value.

Do I provide enough benefits?

Benefits are another tricky issue when it comes to employees leaving. Like salary, your hands may be tied with what you can offer and you cannot really do more than what you provide. For things like insurance, that may be the case. However, you can offset that by offering non-traditional benefits like an extra personal day, lunch once a week, or even allowing some employees to work remotely. When it comes to benefits, think outside of the box.

What is the work environment like?

One thing to examine when it comes to why employees leave is the work environment. This includes things like culture, organization, and cleanliness. Do you provide a comfortable place for office workers to take their lunch? Are warehouse workers have access to a clean space wherein they can take breaks? These are the types of things you should consider when it comes to the work environment you provide for employees. You may be surprised just how many of your employees are leaving because of these issues.

Is my managing style working?

This one may be tough for many to face, but some employees just do not mesh well with certain managing styles. If you find that you have a high turnover rate, then maybe you need to examine the way you are managing. Are you to hands-off with your employees? Maybe you micro-manage your employees? While there are many different ways to manage, you also need to be adaptable to what your employees’ needs are.

Retaining Your Employees

One of the most crucial things in business is keeping your top employees. Not only will your business be more successful with amazing employees, but your customers will be happier, production will increase, and your overhead costs will more than likely decrease. Retaining your employees is one of the best things for your company.

But sometimes that isn’t easy. Employees leave for several reasons. Commute times. Better pay. Disagree with management. The list for why employees leave goes on and on. However, with the right tools and strategies you can retain your employees and keep your business successful.

RecognitionEmployee Recognition

One of the things top employees look for in an employer is recognition. If they’re going to work hard for you, then they want to be recognized for that. For many employees, this isn’t a question of pay. Sure, raises go a long way, but most employees are looking for more than that. If they do a great job with a campaign, make a top sale, or cover for a coworker who is on vacation or sick, then do something to recognize your star employee’s job well done.

Engagement

Employees are looking for transparency and understanding when it comes to their roles and the company they are working for. Managers, supervisors, HR, CEOs, owners, anyone who is in charge of someone else should be in constant communication with those who work under them. When you successfully engage employees, you can better understand them, their points of views, and what changes they’d like to see at the company. Engaging your top employees can help you retain your employees.

DevelopmentEmployee Development

While retaining employees is important, you should also focus on developing your employees. Give them the tools they need in order to grow
as an employee and as an individual. For some, this may mean a continued education program, budgets to attend conferences, or even a community improvement day. By helping your employees develop, you’ll end up retaining them.

Benefits

It’s no secret that a lot of employees leave companies for better benefits. This doesn’t always mean more money, but sometimes it does. Benefits can mean money, insurance, PTO, holidays, flexible hours, flexible schedules, and a lot of other things. When you offer these benefits to employees, they are more likely going to stick around. All of these things further employee engagement, employee happiness, and overall productivity.

Retaining your employees comes down to a few key things: recognition, engagement, development, and benefits. In order to keep your star employees from jumping ship, you need to assess these things and make the necessary changes.

What do you do to retain your employees? Leave your tips and suggestions in the comments below!

 

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