"I QUIT". These, I believe, are the scariest words an employer may hear from his employees. The feeling is the opposite if the employees who will utter these words are non-performer. I have never been an employer myself but I believe that losing a GOOD employee has a huge impact on how a team/department/company runs. First, it is costly. Think about the amount of money the employer has to spend in job advertising and training. Next, it is time consuming. The person/people tasked to train the newly hired employee can actually do something more productive than training the neophyte. And lastly, it may leave a negative impact on the remaining employees. If a good employee leaves, there will always be the question "WHY" in the minds of those who were left. So, how do companies retain their good employees? Well, it is obvious that in the Human Resource group, especially for the big companies, there are those whom we call ER (Employee Retention Specialists). From the job title itself, they are tasked to retain the company’s employees. They, along with the top management, should work hand in hand in making sure the employees stay.
Being an employed individual myself who has been into four companies now, I have learned and observed the many reasons why employees resign. Let me divide them into two categories; first is the “Personal” and the second one is the “Work Environment” Personal 1. Family problem/issues- You may have millions of responsibilities in life but FAMILY should always be the top priority. Thus, if there are family issues which require your 100% attention and presence, then you really have to set aside your career for a while. 2. Health- Nobody can work properly if they are badly sick. SIMPLE as that. 3. Education- You may now be employed and earning. But if you are one of those individuals who have the thirst to earn a degree, leaving your job will surely be an option for you to start working on that diploma. Well, unless you can juggle work and school well. Work Environment 1. Compensation- Nobody works for FREE. I believe everybody works in return of something. Even volunteers for a cause receive something in return, not monetary but HAPPINESS and SELF FULFILLMENT. Now in the real world, salary package is the number one concern of most individuals who are employed. Thus, if an employee is not well compensated, he will definitely not think twice to look for a company where he will receive better compensation package. 2. Management Style- To properly deliver the company's mission and to achieve the company's vision, there should be a strong teamwork between the employees and the top management. There is one company I know where the management sucks big time. It sucks as they change system and process every now and then, and I mean almost every week or month. What sucks the most is that they never thoroughly study the process before implementing it, dragging all the employees into a HUGE MESS and creating a stain into the company’s name and integrity. 3. Company's Financial Stability- Now this is crucial, who would want to stay in a company which cannot provide a stable career? Definitely not me! It's stressful for an employee to always worry and think if the company will still be operating in the next few months or if she will receive her salary on time and with the exact amount. 4. Relationship with the boss- If there is one person you need to communicate to every single day regarding reports and work strategies, that will be your boss. So, having a not-so- good relationship with the boss will make your daily life at work miserable and will eventually lead you to leave. With this being said, you have to build a good, professional relationship with your boss. We cannot deny the fact that there are a lot of BAD bosses out there, though. 5. Relationship with co-workers- Isn't it nice that you have people to chit-chat to during your breaks? and isn't it nice to know that there are people in your work place who understand the sorrow you go through with your job as they are on the same boat where you’re at? The answer is, YES. Having no “friends” at work will make your work load heavier than it really weighs. Would you agree? 6. Ambiguous Job Description/Responsibility- I believe everything that is created in this world has its purpose and for me, nothing is more depressing than not knowing your role in a certain group. It's either you feel useless or you feel being overly used. In the two categories mentioned, it is the "Work Environment" category where the companies can greatly do something to achieve employee retention. My opinion is, it all boils down to proper management. Personally, I may last long in a company where I don't receive competitive salary package (so long as it compensates my work load) but has good and competitive leaders. Because good leaders deliver proper management and a properly managed company will surely achieve success. -JEN- Like my FB page here to be updated on my latest blog posts. |
Author
-JEN- Archives
July 2017
CategoriesThank you for dropping by :) |