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EMPLOYEES | Great Resignation to Great Retention

Sep 8, 2021 | Team

“We all know that employees can’t go on forever, so it’s time to start planning for the inevitable. Signing up as a greeter at Walmart is not an option.” 

“The best way to keep your staff happy and engaged is by investing in their professional growth because we all know how difficult it is to find people with the right skills these days.”  “There are many ways to do this: training programs, mentoring relationships, and even just making sure they’re getting enough feedback from you.” “It may sound like a lot of work but if you want your company culture to continue thriving after you retire or move on then it might be worth considering what needs to happen now.”

Why Good Employees Quit?

Do you know why good employees quit? I can tell you. They quit because they feel unappreciated, undervalued, and overworked. Isn’t that the reason we all want to work for a company in the first place? To feel appreciated and valued while working with people who care about us, not just our job title or bank account balance.  The way to keep your best employees is by showing them appreciation, understanding their needs, and making sure they are getting enough time off to recharge! It’s simple really; if you don’t take care of your staff, eventually they won’t be there when things get tough!. Here are some factors why good employees quit.

1. Poor Management

It’s not just about giving orders. It’s also important to build trust with your employees so that you can work as a team towards the same goal.

Poor management is more than simply telling people what to do, it requires building relationships of mutual respect and understanding among colleagues in order for everyone on the team to be able work together toward common goals.

2. Lack of Opportunity for Growth

Lack of opportunity for growth at work can be frustrating and leave you feeling unfulfilled, but instead of complaining about it constantly, why not see the silver lining in your lack of workplace opportunities?

People often get so wrapped up in their jobs that they forget to think outside the box. Opportunities may seem limited when all one does is sit behind a desk or repeat tasks over and over again each day. Without opportunities to advance within the organization, you might not experience that same sense of fulfillment.

The feeling of being stifled at work due to a lack of opportunity for growth is very upsetting and debilitating.

3. Work-life Balance

Work-life balance is a term that refers to the ability of an individual or group, often working adults and parents, to maintain a healthy work-life while meeting their family obligations.

Work-life balance is hard for most people because they have different priorities in terms of what’s important between the time at home with loved ones versus making money from jobs.

4. Unclear Expectations from Managers

An unclear manager is difficult to work with.

A lack of clarity from managers can create some unproductive workplace tension. If you’ve ever had an awkward or uncomfortable phone call, it’s likely because your boss isn’t making expectations clear enough! That person may be a poor communicator and not purposefully trying to make things hard on their employees; maybe they just don’t realize that what might seem perfectly straight-forward for them could actually cause stress in others.

5. Disagreements with Colleagues or Supervisors 

Disagreements with colleagues or supervisors can be difficult to navigate. It is important for you to know how the situation should be handled so that your intentions are clear and actions do not escalate further than what needs to happen in order to resolve conflict amicably.

Disagreements with colleagues or supervisors can become very stressful if they aren’t approached properly, especially when working on a team of people who rely heavily on one another’s insight about specific topics at hand involving business operations. Having an open dialogue helps ensure everyone understands each other better which leads into more effective problem-solving methods as well as greater success over time because decisions made together will create higher satisfaction among employees across departments making it easier for them to collaborate towards common goals efficiently rather than independently without causing.

6. Lack of Recognition in the Workplace

Everyone wants to feel important, recognized for their work. If you don’t know what your boss is thinking or feeling about how well you are doing at work it can be very frustrating and demoralizing.

No one likes being sidelined in the workplace by people who get promoted before them despite less experience than they have already gained over time because of an attitude that doesn’t take into consideration everyone’s feelings on a matter which creates tension between co-workers as competition becomes fierce while working closely together day after day with no end in sight until someone gets sent home due to lack of funds spent without giving anyone credit for all their hard work put out each hour even when another employee asks if he/she should continue helping this person only get told “yes”.

 

10 Tips on How Can we Retain our Good Employees

1. Offer a Competitive Salary 

Employers should offer competitive salaries to their employees this is the number one thing that employees want.

As an employer, you want your company’s workers to be engaged and interested in the job they’re doing. One way of ensuring that is by offering them a salary that keeps up with industry standards or better yet, surpasses it. Offering good pay not only ensures high output but also happiness on the part of employees who are able to provide for themselves without worry or stress about finances which can lead them to be more productive at work when they aren’t worrying about what will happen if their business fails because there’s no money coming in anymore.

2. Work to Create a Culture of Engagement

Employees want their workplaces to be engaging for them, and it’s important that employers make an effort in order to help employees feel engaged. Employees who are passionate about what they do will have higher job satisfaction as well as perform better at work. So if you’re looking forward to increasing your company morale, then start by creating a more engaging environment!

3. Give Employees Opportunities for Growth and Development

Employees should receive opportunities for growth and development

While it may seem like an obvious solution to the problem, there are many different ways that you can help your employees grow. You need to focus on both their professional and personal lives in order to make them feel fulfilled so they will want to stay with your company longer. 

4. Provide Incentives for Good Performance

Providing incentives for good performance at work should be a priority. How can employers motivate their employees to excel in the workplace? The answer is simple: provide them with an incentive! Incentives are simply tangible rewards given after completing specific tasks or goals, and they help keep workers motivated to perform well. Some examples of employee perks include paid sick leave, free lunch days twice a month, flexible working hours during summertime when children aren’t home from school yet, etc., but the money goes far as well – even just giving away gift cards on special occasions such as birthdays demonstrates that you care about your staff’s happiness outside of the office too!.

5. Have an Open-door Policy 

Your office should have an open-door policy that encourages employees to come in and talk about any problems they are having with their work. This way, you can address the issue before it affects your team’s performance.

6. Make Sure you Have the Right People in the Right Roles so that there is no Confusion About what Needs to be Done

Employers should choose the right people for their job. Making good hiring decisions is a key part of maximizing work productivity and avoiding costly turnover in your organization.

The people around you play a big role in your work experience. If they are not able to do their job correctly, it can have dire consequences for yourself and the company as well. You should choose certain key figures at work who will be important parts of making sure that things go smoothly within your office walls.

You shouldn’t just pluck someone randomly from off the street to join you on an adventure because if something goes wrong during this person’s time with you then there’s gonna be trouble all over again which could affect business productivity or personal life goals being met.

7. Provide Benefits Such as Health Insurance, Retirement Plans, and Sick Days

You should provide your employees with benefits such as health insurance, retirement plans, and sick days. This will make them feel like you care about their well-being at work instead of just treating them like an employee number on a piece of paper.

8. Offer Flexible Hours so Employees can Balance Work with Family Life 

Employers should offer flexible hours so employees can balance work and family commitments, according to experts. Employees with children tend to need more flexibility in their schedules than those without kids do; they may also have other responsibilities such as caring for elderly parents that require them to work at times when others aren’t able or willing. However, employers who don’t want a stressed-out workforce will benefit from offering this kind of help the most because it helps create good morale among workers while keeping productivity levels high—and we know what happens when you’re happy: You stick around longer which means less time spent recruiting new people every year!

9. Allow for Time off to Pursue Personal Interests or Volunteer in their Communities 

Allow for time off to pursue personal interests or volunteer in their communities, A company should allow its employees some time away from work. It allows them to explore different things, meet new people and have a more fulfilling life outside of the workplace. There are many reasons why it is important that employers provide this type of service because not only does it help adults enjoy all aspects of being an adult but also better equip students with skills needed for future careers which will last beyond college years.

10. Provide Opportunities for Advancement Within the Company

Provide opportunities for advancement within the company, Creating a friendly, positive work environment is an important part of building lasting relationships with employees. This will not only help attract new talent in the future but also encourage your current workers to be more productive and engaged on the job. When you’re ready to hire someone new or promote one of your talented staff members, make sure they know it’s because they’ve proven their abilities through hard work over time – rather than simply hoping good fortune brings them to chance encounters with management!.

Conclusion

Employee turnover can be a huge drain on any company’s budget. So if you want to keep your employees happy, it pays to find out what makes them tick and give them opportunities to explore their interests in the workplace. This is not only good for retaining valued employees but also helps with morale which has been shown to have an impact on productivity levels too. 

In the end, it is all about what you do for your employees. If they feel valued and appreciated then they will most likely stay with you longer. Make sure that there are clear goals set out from day one so that everybody knows where to head next. When an employee has a sense of purpose, he or she will work harder to reach those goals which in turn can lead to more sales revenue!.

 

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