What are the reasons employees choose to leave a company?
The job market is vast. Some of its parts get saturated but there are always positions for the ever-hunting, good candidates who acknowledge their worth. Even though their bosses don’t. According to recent research by Manila Recruitment, 50% of over 7000 employees wanted to just get away from the manager/boss and choose to quit work. So, there are countless reasons to leave a company but there is only one simple truth to stop losing valuable employees as a business owner.
Find a way to fix your problems and stop some practices that possibly cost you members of your workforce. If you want to keep a united workforce, ready to serve your cause and touch success, read on. So, here are the reasons that make employees leave a company behind them.
Repetition is the mother of boredom
It’s only normal that professionals have a specific object of work. Each professional domain does not have to be repetitive and boring. However, it’s not unusual that employees complain that their jobs have become highly repetitive with minimum creativity. This leads to a diminished interest in working since there is no creative stimulation, no prospect for innovation, and no opportunities to stand out. Of course, this is something that should be detected by managers or owner(s) in order to prevent any employees from quitting their jobs without notice. Resignations show problematic relations that a manager hasn’t paid attention to turned into reasons why employees choose to leave in the long run.
A word of advice! Monitor your teams, check who has been turned into a robot and discuss the reasons why. If it’s an organization issue, then find a way to assign innovational tasks to the whole team and shake the waters to bring back the much-needed enthusiasm.
Money truly makes the world go round
Money issues can cover a lot of things in business. They can mean inadequate salaries for the employees, very little money for personal professional development as well as cut down budgets for projects. All these scenarios do not stop the employees from wanting to change their jobs or their working conditions. Money is important. We all know that. It can bring about great projects but also good employees who do their best when paid adequately. So, if your company cannot offer working challenges or a good payroll, then you may experience some losses in the course of time.
At the same time, if you have a small start-up creating your own path, try to be fair with each professional’s worth and try not to cheat. On the other side, if you are working for a start-up, ask what’s reasonable salary-wise and work hard to prove your value. When the company rises, you will be rewarded gallantly.
Never underestimate the power of “Thank you”
I guess you were expecting this reason to be on this list. From my experience, not feeling appreciated at work is a huge problem. It affects productivity, personal motivation, and self-confidence. Companies may pay you less in times of crisis, pressure you when they need they have to. However, if during all the above, employers support their workforce, acknowledge their worth and hard work, then I think every problem can be worked out. Of course, when things look up, the employees should reward their employees what they deserve. And maybe a bit more to induce enthusiasm. This definitely means a raise plus a well-thought bonus.
The Manila recruitment infographic showcases that 82% of the employees asked, admitted that the lack of recognition makes them seriously consider changing their job. Money is needed to survive but recognition is something that feeds the mind and the soul, hence don’t forget to give it when you should as a manager or a colleague nonetheless.
As you are, I was. And as I am, you won’t be…
This above slightly altered saying applies to all the managers/owners and high-rankers that does not create a professional environment of career growth. The majority of employees (especially Gen Y and Z) that enter the job market do not intend on staying in the same position for the rest of their lives. Therefore, companies should come up with a system to take interest and improve their employees’ skills and thus their chances for advancement.
According to todayonline.com, in Singapore, 2 in 5 employees leave a company when they feel that there are very few chances for skill training and career development. This showcases once more that employees have ambitions, goals and want to see themselves climb higher than they already are. If a company puts obstacles in front of them, quitting work is a one-way street.
It’s better to be alone than in bad company
George Washington shared his wisdom with the world by stating the obvious. No one wants to hang out, work and even exist in an environment that oozes negativity. Toxic environments and bad teamwork are critical reasons why employees leave a company. People don’t want to be alone, not even in Heaven. So, employees that have a good colleague at work to spend time, collaborate and talk to, are least likely to quit their jobs.
However, the ultimate responsibility for the peaceful coexistence of all the different individuals belongs to the managers. They should be the ones pairing the employees the right way, solving problems and finding ways to bond the team members.
Big companies have it due to increased workload, small companies face it because of the lack of a big workforce. There is no working position that does not have pressure in its working routine. The big question is how much anxiety is enough? Of course, small amounts of stress are normal and they may even work as boosting forces for your work. In any case, the paralyzing stress for the total outcome of your work, the uncontrollable fear of your boss and of being at work are dangerous. They can lead to physical and mental sickness if left untreated.
So, take a deep breath and decide if your health is on the line. If the answer is yes, talk to your manager, your boss, and your colleagues. A solution could be found. But, if the environment is hopeless, quit work. There are many other workplaces that will treat you better.
Companies are made of people
All in all, any kind of businesses are made of people. The employees that want to quit work, choose to leave behind a group of people, not a building or a desk. More specifically, an incompatable manager, or a bad boss. So, the people in power should eliminate any serious reasons employees want to leave a company to achieve success and longevity. Last but not least, employees do not just quit for just one of these reasons. Most of them face a combination of the above or even all of them in the everyday working routine.