The Six Most Common Reasons Companies Can't Retain Quality Employees

When an employee walks out the door of a business for the final time, the question is often asked: why are they leaving? The inability to keep a productive individual can sometimes be a head-scratcher. In reality, it isn’t all that difficult to discern, since there are generally six reasons for it:

Lack Of Leadership

Having the motivation to do the best job possible is what all businesses seek, but that motivation can be undercut in a variety of ways. This can happen when the daily challenges they face become a monotonous litany of the same issues that are not addressed, or the employee’s suggestions are routinely ignored by their superiors. If employees don't feel like they are making a difference or helping others with their jobs, they can be disengaged and move on.

Issues Of Respect

Going hand-in-hand with motivation is the issue of respect for an employee’s daily contributions or opinions that concern his job or the company as a whole. Neglecting or refusing to acknowledge such efforts gives that person the impression that they are non-existent in the eyes of the company.

Communication Is Non-Existent

Such interaction with employees is something that doesn’t occur in all places, which usually results in said employees bolting. That lack of communication not only prevents an opportunity to get their point across, but can often deny feedback on exactly what is needed from the employee to do their job well.

Education Doesn't Matter

Employees can find themselves stalled by either lax promotion policies or the presence of a boss’ family members or friends with a weaker educational pedigree, which means the job has officially become a dead end. For example employees with business or health information management degrees have more experience and skills than someone who does not have that education. Many times, however, companies overlook education, and employees end up searching for another job where they feel more valued.

Limited Responsibility

Another area that can erode an employee’s interest in staying stems from the level of responsibility they possess. Not feeling like their presence makes a difference can make an employee look elsewhere.

Compensation

Finally, money is not a magic elixir that can immediately change the opinion of an employee, but not making an effort to financially compensate them for their work can be deadly to your workforce. Such compensation can be related to such things as a benefits package.

While there can be a myriad of reasons why a good employee leaves, attacking the six above could go a long way in making sure that any future hiring is due to growth and not attrition. Helping employees feel valued and respected go a long way in a positive relationship.

Views: 1038

Comment by Andrea Clarkson on December 10, 2014 at 10:23am

I agree with one exception: 'For example employees with business or health information management degrees have more experience and skills than someone who does not have that education.'. That statement is not necessarily true. A degree alone means nothing to me as a recruiter. The person with the best set of skills and the best potential for growth is who I want for my roles. Some of the brightest CEO's I know do not even have their AA's so I never give a person a job solely based on education I always look at the entire package.

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