6 Reasons Why You Might be Losing great Employees
The age old question as to why good employees are leaving great jobs at great companies have many scratching their heads. Even when the pay is good and the job is going well, there are various reasons that cause superstar employees to jump ship. Check out these six reasons why great employees leave even the best companies!
Lack of Appreciation
Everyone wants and needs to feel like they are appreciated, especially in the workplace. It’s important for employees to feel a sense of pride and worth in the work that they do. Think about it, employees are spending 40 hours or more at work each week. That’s a lot of hours for anyone to spend in an environment where they don’t feel valued or appreciated!
Recognition is a basic human need. Whether it’s the close of a great business deal, celebrating a work anniversary or just a nice way of recognizing a hard-working team, recognition is a key factor in keeping good employees because it says that both they and their work is valued. The more valued they feel, the more satisfied they tend to be; thus, further motivating them to maintain and improve their productivity and success.
Your employees are human, and it’s important, as an employer, to respect their need for a healthy work-life balance. Without this, it’s easy for employees to quickly become dissatisfied even if they love the job. This eventually causes great employees to leave even the most reputable companies!
Lack of Feedback and Encouragement
We all like to know when we are doing well, but it’s also important for us to know when we are doing not so well. Having a constructive culture when addressing performance is crucial to the success of your employees. If they are doing well, be sure to let them know. If they are doing something that you don’t like, don’t hesitate to give them some advice and encourage them to change the behavior. There’s nothing worse than being blindsided by your boss when you didn’t realize you were doing anything wrong at all. Be sure to stay clear and be consistent with expectations as this will benefit everyone in the long-run.
Teamwork makes the dream work, right? A healthy company culture is very important in creating a healthy work environment. Employees are generally more drawn to companies that encourage a fun working environment over their dream job coupled with a poor environment with another company. Try using fun team-building activities and after hour get-togethers to help your employees connect to their coworkers!
Measuring Hours Instead of Results
If you’re focusing more on the hours your employees are sitting behind their desks rather than the results they are producing, you’re setting yourself up to lose a valuable team member. While, we can all agree that it does take hours to create desired results, don’t place the value on your employees simply based on how many hours they put in this week or last. Place all the value on their contribution.
Does your company fall into any of these traps that can turn into employee retention disasters? If so, let nCentix help get you back on track with proven employee recognition programs customized to meet your needs!