The document discusses reasons why employees stay at or leave companies and how employers can motivate employees to stay longer. The top 10 reasons provided are: 1) Salary and compensation, 2) Job not meeting expectations, 3) Lack of feedback and coaching, 4) Limited career growth opportunities, 5) Feeling overworked, 6) Lack of job security, 7) Poor work environment, 8) Protecting reputation in the job market, 9) Harassment, and 10) Boring or unchallenging jobs and lack of training. The document advises employers to understand why employees resign in order to address issues and retain top talent.
1. WHY DO PEOPLE STAY AT A COMPANY OR
LEAVE? WHAT MOTIVATES SUCH BEHAVIOR
AND HOW CAN EMPLOYERS MOTIVATE
PEOPLE TO STAY LONGER? WHAT IS A
“GOOD” RATE OF TURNOVER AND HOW DO
YOU KNOW WHO TO ENTICE TO STAY AND
WHO TO LET GO?
2. WHETHER THE ECONOMY IS STRONG
OR WEAK, NO MATTER THE TIME OF
YEAR, AND NO MATTER HOW MUCH
THEY ARE PAID, MANY OF YOUR BEST
EMPLOYEES DECIDE TO LEAVE !
3.
4. REASON 1ST : SALARY & OTHER MONITORY
FACTORS
1st and foremost reason for leaving the organization
is Monitory reason.
If the person will not be paid as per his/her
capabilities than its obvious that after a certain
period of time his zeal and enthusiasm to work hard
will decrease because he will get the feeling that
whether he will work hard or not there wont be
increase in his salary or any other monitory factors
or benefits.
5. REASON 2ND : ITS NOT WHAT THEY
EXPECTED
Sometime it happens so that the work which a
person might had expected according to his
knowledge and skill, he might not be assigned the
same work. He may be assigned a job in which he
wont be good.
So the person will be dissatisfied as the recognition
of his knowledge and skill is not been taken into
consideration properly.
6. REASON 3RD : LITTLE FEEDBACK AND COACHING
Employees also want to know timely that how they are
performing, whether they are able to conquer the
goals efficiently which are assigned to them or not.
If they are lacking in anything, they also want to know
that so that with the passing of time they can improve
their skill and knowledge.
Many times feedback is given but to overcome the
lacking which a person have, no training sessions are
organized. At that point of time person feels that the
organization is not bother about his/her development
and thus it creates a negative impression in persons
mind.
7.
8. REASON 4TH : TOO LITTLE CAREER GROWTH OR
LEARNING
Most people want to advance in their careers. Having
options for people to grow professionally is crucial to
keeping them engaged and happy.
Sometimes, a promotion isn't possible, but there are
still ways to encourage people to grow in their
capabilities, such as by offering additional professional
development courses, sending people to conferences,
or finding cross-training opportunities with other
jobs. Be creative, and don't let your staff stagnate.
9. REASON 5TH : FEEL OVERWORKED
Sometime it may happen that person had to
perform the work of others in the absence of their
fellow mates. But it should not be always, others
work should not be given every time to fellow
mates. This will in turn increase burden on the
person to whom the work has been allocated.
Management have to allocate the work to the
employees as per their working capacities. If the
person is able to do certain work in certain period of
time than that work should be allocated for that
period of time only. Mean while no other work
should be given to them.
10. REASON 6TH : JOB SECURITY
They feel that the organization is not stable
and something such as layoffs could occur at
anytime, so they figure it is better to get out
sooner then later.
This way they are out in the job market ahead
of their colleagues in the same situation, thus
avoiding the competition.
11. REASON 7TH : WORK ENVIRONMENT
Employees mostly prefers to work at a
place where they feel that they are
protected.
Employees will not like to work in an
organization where there will be
continuous fight between their fellow
mates. Even though their salary will be
high or they might be getting other
benefits, they will prefer to leave the job to
12. REASON 8TH : TO KEEP REPUTATION IN
MARKET.
There are times when companies had to plan
to force some employees to resign because of
their negligence towards the work or any other
continuous misbehavior with others.
At that point of time employee had no choice
but to leave. This prevents a bad mark on an
employment record as they could say they left
for a new opportunity instead of being fired.
13. REASON 9TH : HARASSMENT
Harassment. When people have to go to
work in unpleasant situations, they will
eventually decide to leave. This can come
through sexual harassment, racial taunting,
religious prejudice, or even basic yelling (if it
is a constant refrain on the job). These
problems must be nipped in the bud, for
legal, ethical, and practical reasons.
14. REASON 10TH : JOBS AND TRAINING
Employees who feel that their jobs are no
longer challenging will eventually suffer from
burnout or boredom; or that their skills and
qualifications do not match the jobs they are
currently doing, will be stressed out eventually.
Training programs should be planned to either
train them for their jobs, prepare them for new
assignments or develop their technical and
interpersonal skills. This will stimulate flagging
interest, boost morale and reduce the
possibility of boredom and burnout
15. This were the most seen reasons why do people
leave their job. And this was explained in front of
you because, we as a future managers should
know the reasons that if person is resigning than
why is he doing so ? Because we cant let our best
assets go.
So for that we, as a managers, had to
understand, analyze and sort out the problems
which has become the reason for the resignation.
“THANK YOU”
Hinweis der Redaktion
So now I Nishit Bhatt,Shrishti Mukherjee & Rasika bring forward a very complicated topic “why employees quit their job”