Top 3 Reasons Employees Quit Their Jobs. Having to say goodbye to a hardworking employee is one nightmare all employers wish they never have to experience. Why? Because when you lose a hardworking employee, you’re not just losing an extra pair of hands, you’re losing industry know-how, employee expertise, company culture, and above all time, as you’ll now have to recruit, onboard, and train a new employee.
“Find out what you like doing best and get someone to pay you for doing it.” – Katherine Whitehorn
The Secret To Employee Retention
We understand just how hard it is to deal with the loss of an employee and are aware that as an employer you want to avoid being placed into this position by any means necessary. So, what’s the great secret to employee retention anyway and who do you have to pay to spill the beans?
For starters, the secret to employee retention is understanding why employees leave their jobs in the first place. Think of things this way, if you know what the problem is likely to be, then you can preempt it by performing the solution before the problem even has a chance to fully materialize. And by the way, you don’t need to pay anyone to spill the beans we’ll share everything there is to know about employee retention for FREE.
What Makes Good Employees Quit?
Before we go any further, allow me to make it explicitly clear that there is no one reason all ex-employees quit their jobs. In fact, for the average employee, the decision to leave their job comes after weighing the pros and cons of leaving for months on end, in addition to a combination of reasons to leave which develop over time.
That said, for most employees, the following reasons are amongst the top 3 push factors leading them to say sayonara to their jobs:
We know the saying all too well, “Good employees don’t leave jobs, they leave bad bosses”, but what does this even mean? Well simply put, people are intrinsically motivated by those around them. If they’re being forced to work in an environment with an incompetent supervisor then rest assured, they’ll be more motivated to get out of the work environment than try to grow within it.
Lack Of Wage Increases
Yes, we agree, money isn’t everything. I’d much prefer to have an amazing boss, supportive coworkers, and a flexible work schedule than a job that pays me lots of money but doesn’t afford me any other feature of the perfect workplace. The truth is however, there comes a time when we all realize that a happy work environment with no dollars and cents behind its name won’t pay those bills. Once that happens as sad as it may be, it’s time to hit the road.
Little To No Opportunities For Growth
While there’s nothing wrong with being age 30 and working at the same company you did when you were 20, the chances you’ll be happy at said company if after all those years you’re still in the same position you started are pretty slim. Yes, in reality, you may love what you do, but where’s the opportunity for growth? What have you learned in your 10th year in the position, that you didn’t learn in your 1st? Absolutely nothing! Just as I thought.
How To Keep Your Employees From Quitting?
So, you see, the real secret to employee retention lies in your ability as an employer to put yourself in the shoes of your employee. What features of a company would encourage you to stay? And what features would have you running for the hills? Once you are able to figure the answers to these questions out and of course create a solution, employees quitting their jobs will be the least of your worries.
MCA is a third party debt collection agency that has been in constant business since 1950. We are rated A+ with the Better Business Bureau and we pride ourselves on excellent customer service along with delivering great recovery rates. There is no cost to you unless we collect it! Why not try and re-coop some of your past due accounts with no out of pocket expense?