Employees are the heart of any organization. Having top talent as your team members can help your business to soar to newer heights. Great management knows what it takes to have good employees working for you and do their best for the highest level of employee retention which is in the best interests of the employee and the company.
So, what is it that despite much efforts, some employees decide to leave their jobs in hand? While this is a very subjective topic to be discussed, there are actually some discrete reasons that compel employees in leaving the companies they once desperately wished to become a part of.
Top-Cited Employees’ reasons for leaving a Company :
Enlisted here are some of the reasons that answer the much-asked question of “Why employees Quit”? Also, there are some solutions that are stated in this article for a better employee engagement by making use of modern solutions like the HRMS- Human Resource Management Software.
1. Monetary Growth
One of the most prevalent reasons given by high-performing employees is the growth of their salary with time. They often receive lucrative offers that they tend to accept as, in the end, a job is largely dependent upon how much you gain. It is definitely not the same for all as different people have different expectations from their professional lives.
Another problem that most salaried professionals face is the untimeliness of their salaries being credited. Most people cannot afford to have a delay in receiving their salaries as they are the bread earners in their families. It leaves the employee feeling helpless and is just an outcome of poor management.
Making use of a reliable HRMS has proven results as the entire process of maintaining accounts is automated and keeps the mammoth task of issuing salary slips is automated making way for quicker payments.
2. Lack of Opportunities & Challenges
When an employee chooses to be working for your organization, he/she expects some sort of growth opportunities for their career development. With time if they do not find themselves doing something challenging or working on projects that fuel their expertise, they tend to start losing interest. The monotony in work also proves to be gruesome for some and they start looking for better opportunities work-wise.
Lack of opportunities is in turn lack of learning. And, on a professional front, if you are not upgrading yourself with time, the stagnancy takes the better out of you and you end up being stuck up with no professional growth ever taking place.
3. Lack Of Training
Most firms fail to realize the importance of regular training. It is not just for the employee, it is for the betterment of your company too. Even if the apparent benefactor may seem to be the employee, working on their shortcomings will improve their productivity and greatly influence the quality of work.
In accordance with the previous point, the employee will know that there is still scope for improvement that the organization is willing to help them with giving them a platform for career growth and a motivation to prove their capabilities. Organized and quality training will bring in some top performers in your business who will also enjoy working for you.
4. No Personal Growth
Most employees over a few years of experience realize that they have been stuck in a dead-end job and despite making a switch there is no personal growth. It can be in terms of handling a team, holding a senior position, an upgraded profile or having the authority to make decisions.
It is necessary that the company carries out regular performance evaluations of all its employees with exact pointers identifying their strong and weak points to work with. This creates a sense of satisfaction and lets the employee know that he is receiving true recognition of his work.
In addition to this, it is most important that an employee is lauded for their contribution or good work. Recognition of their efforts in some concrete ways can take your company a long way in terms of employee retention.
5. Peer Pressure
We all are aware of the cut-throat competition that exists at almost all levels in an organization among colleagues. More so, amongst those who are working in the same department or in close hierarchy positions. This is a natural trait and is among the top-most reasons why an employee leaves a company.
They develop a sense of insecurity that causes them to render options in case they are unable to keep up with others in the race. But, this can be easily eliminated by the organization by letting them know that it is the individual performance that counts. When an employee is secure and is affirmed that his contribution is all that is being evaluated based on pre-decided performance evaluation techniques, they develop a sense of trust and whole-heartedly work for the company.
Most employees in today’s company culture and white-collared jobs feel the absence of a good work-life balance. It is important to understand that working overtime or long hours does not necessarily mean that more work is done. Proper division of work, employing the right number of people required for the job, and making resources available can serve as the perfect solution to end this misery. A happy employee is a living testimony of how successful you are as a business.
6. Missing an Emotional Connect
An employee spends a lot of time in the office working alongside colleagues, a few of which are their friends. But, when it comes to their attachment with the company, there seems to be a loophole. A person who is emotionally connected with the company as well is bound to stay longer.
It is the duty of human resources to be a cohesive force in creating a workspace where the employee works with their heart and mind. But, it is observed that the HR department in almost every organization is too occupied in handling salaries, recruitment, and other issues related to making resources available. This leaves them exhausted and almost nill time may be allocated in keeping the existing employees happy.
The organization of various activities in the company is a driving force in powerful team building and creating an emotional bond for every entity in the business. When u automate the HR’s or the owner’s work in administrating the organization via an HRMS, they have a lot of time for focussing on the other necessary and effective events.
7. Working Flexibility
Employees are humans too. There are often certain unavoidable circumstances faced by them which makes the request for certain flexibility in the working pattern. In situations when someone in the family is sick or they themselves are injured, some may require to work from home. It may not be a possibility in all kinds of jobs. But, in those where it is possible, an employee expects co-operation.
With the advancement of technologies, it is most favorable even for the companies to be well-equipped to tackle such situations. It does not cause a delay in your work, as well as the employee, can rest assured to be working in a conducive environment. It is a win-win situation.
How to include HRMS to avert Employees Leaving a Company?
Now that the employee reasons for leaving a company are clear, you might as well think of a powerful solution to combat them all. Well, the good news is that it can actually be done. All you have to do is include a reliable human resource management system like the “Narola HRMS Solution”. It is a one-stop solution for handling every issue and keeping you exceptionally well-versed when it comes to Payroll management and Performance evaluation.
Other amazing features include recruitment management, reports generation, attendance and leaves management, etc. to name a few. So, get your hands on this software now and never lose another great employee from your organization.