As an employer one of the biggest problems you might have is the fluctuating employee turnover and figuring out the reasons for this. While you cannot operate without human capital, you can’t afford to hold on to unworthy labour as well. Here are some reasons to figure out why employees leave a firm.
Lack of learning and growth
When you are in a job you expect to learn something new every day. It is only then can you grow in terms of your career in the particular company. However, if there are no opportunities for learning and growing, and if you are constantly stuck with doing the same old thing it is only natural that you would be inclined to quitting your job. This is a reason that many employers seem to undermine when running a business. It is not always about paying off their salary at the right time and awarding them with decent Elton John tribute show tickets. It is also about providing opportunities to learn and grow.
No career development
As you work in a firm you expect to climb up the career ladder step by step. Through you increase your knowledge, skills and pay as well. For an employee this is an expectation that they have from the firm when they join. No one wants to remain doing the same job for years to come. There should be growth. However, when firms don’t offer this nor do they consider doing so fairly, skilled employees with so much potential end up leaving the firm. And no amount of convincing and letting them join the corporate band Melbourne would be able to change their minds. Therefore, from the beginning employers need to strategize for this.
Constant rivalry and fights
It is only natural for humans to meet head to head with each other like animals do when they are challenged by another. But what’s different about this is unlike animals who face situations head on, humans take the road of hidden tricks, jealous schemes and backbiting that ends up ruining all opportunities for development for another. When the company on this hand doesn’t take serious action against these, such employees automatically decide to leave the firm. This ends up becoming a huge loss to the firm.
Stress and overload of work
No matter how much you would want an employee to work on his or her job you should never be stressing them out with too much work. Similarly, you shouldn’t be leaving them with less work either. This drives them to boredom and changes in mind to shift firms. The work allocated should be just right and should be planned out with regardless to the job role they serve in. This way they would be able to work as efficiently and productively as possible. Take time to speak to your employees and find out what runs through in their minds. Find answers to their problems and listen to their griefs. It is only if you do so that you would be able to hold on to your precious work force and grow as one!