Why Your Best Workers Quit
Having a group of happy, loyal and productive employees is every business owner’s dream. But it’s inevitable that things in business go wrong. Morale can suffer for reasons as diverse as declining sales, layoffs and managerial stress levels.
And when morale drops, productivity drops. People start looking for other work. And soon, you’re replacing your best workers. But if you know why people leave, you can be proactive about solving the issues and giving them incentives to stay.
Why do employees quit?
They don’t feel connected to the company: Many managers keep employees in the dark. They don’t share information about financials or the big picture. They keep their vision for the company and their own department to themselves. As a result, employees have little sense of why they are important to the company. They don’t feel compelled to make a difference—which is very important to most people.
Their work does not motivate them: Plenty of people work for low pay in jobs they love, because they get something of great value out of it—self satisfaction, or external praise for their contributions. But many employers expect workers to be motivated just by their paychecks. It takes more than financial compensation to attract and retain the best workers.
They don’t enjoy themselves at work: Your company may not be a fun factory, but that doesn’t mean people can’t find enjoyment in their work. Engaging employees in new ways can go a long way toward that. Offer flexible hours. Eliminate the dress code. Encourage workers to decorate their cubicles and offices to reflect their personalities. Learn from innovative employers like Google and Zappos.
They see no career path: Do you provide a way for employees to work their way up from their current positions? If so, is it clearly understood by them? If workers feel “stuck,” they will look elsewhere for some upward mobility. And sadly, many employees report that they don’t know if their companies offer any way to move up.
If you have valuable, talented employees that you want to keep, you can help them stick around by paying attention, offering them more than a paycheck and making them part of the company’s success.