High Employee Turnover? What might be going wrong?

Business management author Victor Lipman’s book, Type B Manager, has a chapter, ‘People leave managers, not companies’. This thought and idea might be the core of all human resource management problems and solutions. In simple words, acceptance of this thought can mark the difference between a high employee turnover and a lower one.

Employee turnover is the average number of employees that leave and come join your organisation every year. Such a thing as employee turnover is not a matter to be taken lightly. Your organisation is losing valuable talent and wasting all the effort and resources involved in training them. This can prove hazardous over time, for functioning as well as brand image. It is, hence, extremely important to find the possible causes and address them.

 

• Are you failing to keep them motivated?

Motivated employees work at their full potential and also prioritise their organization’s goals as their own. As an HR, it becomes your responsibility to provide such an atmosphere to employees and give them reasons to love working for the organization. An employee who doesn’t feel motivated or, worse yet, feels demotivated thinking of his job will definitely leave the organization.

• They do not feel rewarded.

It is human nature to expect reward, or at least appreciation, for your work. We expect people to acknowledge our good work even if it is our responsibility to do it right and there is nothing wrong with it. Annual appraisals, bonuses, salary hikes, promotions and at least a ‘Good Job’ compliment are expected by every employee and having such gratification in place is important to keep employees interested and happy.

• Less deserving employees are treated better.

If one pushes all boundaries to perform well and still, a less deserving colleague gets acknowledgement or benefit they don’t deserve, it is going to make employees resentful, pushing them to avoid their job and even change jobs. It is important for employees to know and believe in their management for them to want to perform better.

• Lousy management that can’t lead.

Many people get promoted for doing their jobs right, which is good. But managers need to be trained to lead and manage teams. A bad manager is going to do things wrong and after a while, the team will lose patience and change organizations.

• No growth opportunities.

Even plants want to grow. Human beings need challenging growth opportunities and on a job, it is the organization’s job to provide such opportunities. If the employee is not getting that, he or she will leave.

 

Every organization spends a lot of time and resources on hiring and training new employees. All this is done to increase the firm’s output and the employees are expected to stay for at least a year. However, it may not always be the employee’s fault. Things like job satisfaction have become a necessity in the present professional world and people are ready to sacrifice salary, as well as personal goodwill, to gain that. Making your organization worthy of such dedication is important to stay on the top. For more tips on decreasing your employee turnover, reach Wowee directly.