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Are you working hard to build a strong team for your business; yet, after finding your superheroes and working hard to develop your company and dominate the business world, you are suffering from staff turnover, without knowing the reasons employees leave.
This is a problem that will impact your work badly, and need your full attention to find the reasons employees leave; moreover, work to solve them effectively, especially, since a company with a high employees turnover reputation will find it hard to hire amazing employees, and even build a strong public image in the industry.
However, we are here to help and going to present to you in this article all the actual reasons employees leave, and how to avoid this massive business problem.
Staff turnover rate is basically the done measurement of employees leaving the organization for any reason during a specific period of time; so, even with different annual or monthly calculations of employee turnover rate; yet, this rate has a big bad effect on the company when goes up.
On the other hand, keep in mind that this is as twice as hard on your employees, as they wish to keep their jobs and develop when you give them good and strong offers.
However, there are many personal reasons employees leave, such as staying home with children, career-changing, or even going back to school, those are hard for you to avoid and you cannot do anything about them.
As we mentioned before, no one wants to leave a good job with good returns; so, before feeling betrayed that your people are leaving you, check the next list and make sure you are not giving them the reasons to do so:
Even if your employees like working for you; yet, they are waiting to improve their skills in the company; whether, with the use of new technology in the working flow, applying new techniques, or even by providing them with new courses to add new knowledge to their experiences, which will make them feel like you are investing in them.
On the other hand, developing employees’ leadership skills and helping them reach a higher position at your company, send a good vibe from you to them and speak up about their future with your business.
More than that, keep in your mind that employee development has a great impact on your business as well, and it is not only a way to stop employees from quitting.
A manager should be a leader too, in order to succussed, not only a highly educated boss with strong technical skills; furthermore, a manager’s soft skills are highly effective too.
So, your employee’s relationship with the manager will play a big role in employees quitting because although they do not have to be friends; yet, a basic understanding relationship is a must to succeed with clear directions and feedback.
Read more: Secret Management Tips and Tricks for Managers
Despite how great we feel about our work; yet we need the money to build the life quality we want and enjoy it, do not we!
So, if you are offering lower payments than other companies in the same industry do not expect to keep your strong employees, or if you are a leading company with high work pressure; yet you pay as small companies do, you should also not expect employees to stay.
On the other hand, if you think low payment means lower company costs, you should consider all the benefits of a competitive salary and all the turnover costs; moreover, the new employees’ training causes delays in the company’s projects.
Many companies fall into the mistake of offering false promises during job interviews, while working on a hard project, or during the annual board meeting, and selling these false promises to employees to push them into working harder will cause them to start thinking of leaving when they see nothing of these promises is becoming a reality.
Moreover, even though you should offer your employees hope in the working process; yet, do not commit to something that you cannot do.
Employees spend time at the company as they spent at home with their families and friends, and having a negative working environment will for sure cause a high rate of employees quitting, because as many people are looking for work opportunities there are also a lot of companies with good and positive company culture.
This culture involves all the factors from the manager, and co-workers; moreover, the available soft and hard facilities management.
Over-tasking is a big leading factor in employees quitting, although your employees could handle over-tasking during one important project; yet, if this was the regular working condition, and despite the salary, by time employees would feel exhausted, unfocused, and uncreative with them just thinking of doing the required tasks without any quality consideration.
All of this will not only cause your employees to quit, but also reduce your business productivity; so, make sure your employees are not overwhelmed, whether you have an online or in-office working team, and have a good work-life balance so they could keep going strong.
Boosting your employee’s engagement is not just a nice trend to follow, it is way more than that in building your company culture and solving any problems you may have, including the high number of employees quitting you in the middle of the way.
Bad communication could happen between you, any one of the managers, and your employees, which could lead to many problems, losing focus, and even waste of resources; moreover, your employees could not even know what is happening in the company.
So, avoid all the bad communication by running the right KPIs, conducting regular meetings, and running an open organizational culture to build a culture of engagement.
This not only includes the official contract between the company and the employee, but also all kinds of guarantees including health insurance, work injuries insurance; moreover, releasing and compensation management.
Not having clear guarantees will send bad signs to your employees and make them uncomfortable, which will cause employees to leave.
Avoid all these issues just by sitting with your employees and establishing a strong and legal contract for each one of them.
Staying the same is not a good call in the business world, not only for employees quitting issues but for surviving too.
More than that, flexibility is a key factor in the developing process of taking in new techniques, methods, and employees’ suggestions.
On the other hand, flexibility with your employees at work means considering their circumstances when they have a family emergency or medical conditions; particularly, when they do all that they can normally; moreover, this will increase their company loyalty greatly.
If you are wondering why you should solve the reasons employees leave, then let us tell you about the bad impacts that will affect your business due to staff turnover:
When you hire a new employee, despite his/her qualification, he/she will need time to fit into the company culture, do the task based on the company system, and know how to work effectively, next to the training time required for each new one.
On the other hand, your HR department will lose time looking for new people instead of working on improving the company’s internal culture.
Not only because you are going to lose good employees with the right certification and experience, but also because your human resources department will require resources to find, interview, and hire new people for each position.
Hiring a new employee and training him/her to do what is needed will mean low productivity till that employee is ready to do the required tasks effectively, next to all the required time and resources to do the new hiring, and all of that in the business world means more costs and expenses.
When your hard-working people leave, other employees will have low morals toward the company and their commitment to it, just because they are not seeing the right appreciation from the company toward their work or others.
Having a reputation of high employee turnover will mean that something is wrong with your company, whether we are talking about payment, promotions, or work culture, and that will impact your public image.
Moreover, it will be harder for you to find and attract talented people with this reputation as they will prefer to work in a company with a better reputation.
Since you reached this point, then, you are interested in improving your staff retention rate and on the right path to solving this work-related problem and stopping your employees from leaving the company:
By including them in the decision-making, and all the different aspects of the company; moreover, building an honest relationship with them.
Building a positive culture that guarantees employees’ well-being will lower the rate of employees quitting, and make your company a focal point for jobseekers; particularly, the talented ones.
Providing good and full health care insurance, including mental health, is highly important for factories and all types of businesses to boost your employees’ safety and loyalty.
A legal contract, training, and regular feedback will send the message that you care about your employees and invest in them, which will make quitting an unlikely option for them.
Having a close relationship with your employees will help you to know about their problems at work, help them to fix them; moreover, establish a good work-life balance.
Offer your working people good opportunities to develop their soft and hard skills, as this will not only weak the reasons employees leave for, but also will increase their loyalty; moreover, will improve your work quality and productivity.
In other words, this development training is not a way to lower employees turnover, but also an effective way to empower your company.
Whether with annual bounces, trips for the holidays, gifts, or even an appreciation email, people like to receive gifts and find that their efforts are noticed by their managers and leaders.
Thus, consider having a regular employee of the month gift, or any other way you find suitable for your business culture, and you will make reasons employees leave weaker and boost your team productivity greatly.
Consider all that was said previously, solve the existing problems, and work on building a positive company culture to forget all the reasons employees leave for.
And remember, we are here to help you find your dream team.