60 percent of employees have quit or are considering quitting—right now, according to this survey.
There are a number of factors that contribute to unhappiness in the workplace. Employees make your company; without them, your business can't grow to its full potential.
By recognizing the main reasons why people quit their jobs, you can improve the office environment. That way, you can retain your hardworking employees and achieve business growth as a team!
Here are the nine main reasons why employees quit—and how you can get them to stay!
1. The Boss
Chances are employees won't become best friends with their boss or supervisor. A relationship built on mutual respect, however, is essential.
The number one reason why good employees leave is a toxic relationship with the boss.
Otherwise, the employee may not feel valued or respected. This can cause a tense, uncomfortable relationship to form. That tense atmosphere also contributes to a difficult work environment.
A difficult employee/employer relationship also impacts employee engagement and commitment to the company's overall business goals.
This can cause a drop in productivity.
Bosses need to develop a strong, healthy relationship with their employees. This will encourage employees to stay and improve the overall office environment.
Work one-on-one with your employees. Speak to them about their goals and concerns.
As a result, you can improve the employee/employer relationship so everyone's happier.
2. The Co-workers
Difficult relationships with co-workers is another reason why people quit their jobs.
Employees work alongside people within their department more often than with their bosses. It's important these employees work well together to accomplish day-to-day goals.
Having a healthy relationship with fellow employees can contribute to a happier work environment. This also improves how efficiently employees work. That way, they can support one another and boost productivity.
Since we often sit with, interact with, and depend on our fellow employees, these relationships often influence why employees quit.
To boost teamwork and camaraderie, host team-building functions and lunches to help employees bond and develop trust.
3. Ignored Skillset
According to LinkedIn's 2018 Workplace Learning Report, 93 percent of employees would stay at a company longer if it invested in their careers.
However, that's not going to happen if an employee isn't given the opportunity to use and develop their unique skillset.
When employees get the chance to use their skills at work, they feel a sense of pride and accomplishment. Otherwise, they'll search for a job where they can enhance their skills—and get a promotion for their efforts, too.
Check out this post to learn more about attracting skilled executives to your next event.
4. Low Contribution
Every person on the team contributes to the company in their own way. Otherwise, employees won't feel like they're needed as an essential part of the business.
Ask employees about their ideas and opinions. That way, everyone has a chance to contribute and feel like a part of the team.
It also helps to recognize each person's individual contributions. A lack of acknowledgment is another reason why people quit their jobs.
By recognizing each person's contribution to the team, everyone will feel connected to the company on a deeper level.
5. No Independence
More companies are demonstrating trust in their employees by offering remote work opportunities. They're also delegating tasks and trusting employees to get the work done without micromanaging.
This gives employees a sense of importance, independence, and dependability.
Giving employees this independence also makes them feel empowered.
However, a lack of independence is one of the main causes of employee turnover. To keep employees from leaving, demonstrate a level of trust. That way, employees will feel accountable to get the job done.
6. Lacking Meaning
We all want to feel like we're doing important, meaningful work. Otherwise, we don't feel fulfilled—or encouraged to stick around.
This is another reason why employees quit. We want to feel like we're contributing to something worthwhile.
To keep employees from quitting, help them focus on the bigger picture. Show them how their contributions make a difference. This will help them feel more connected to their job, thereby boosting motivation.
Discover how to leverage data to understand employee motivations. That way, you can discover the incentives and company perks most likely to invigorate employees and boost productivity!
7. Financial Instability
Recent layoffs, a lack of sales, reduced work hours, mergers or acquisitions, and bad press usually spell one thing: trouble.
Employees are quick to recognize a company's financial instability. This concern is one of the reasons why good employees leave—even if they're happy.
Demonstrate transparency to regain trust. That way, employees will trust that a company's decisions are leading to stability in the near future.
Passion is a huge motivator. It can drive our creative pursuits, personal projects, and of course, our work.
No one wants to spend the day bored. That leaves us unhappy at work and kills any excitement to come in every morning. This also leaves us feeling unmotivated and unsatisfied with our work each day.
Many people consider boredom as one of the main reasons to quit a job. If your employees aren't feeling challenged, expand their responsibilities. That way, they feel motivated and excited to work on something new.
9. Company Culture
Your company's overall culture, vision, and mission can also influence how employees view your company.
A disconnect between employees and your company culture can make them feel like they don't belong. It can also make them feel like they're in an environment that doesn't appreciate the team.
Offer your employees benefits, perks, and compensation. Demonstrating transparency to create an open, honest work environment will help you retain employees as well.
That way, employees will feel satisfied, engaged, and excited to come to work!
Retain Your Talent: 9 Reasons Why Employees Quit
With these nine reasons why employees quit, you can focus on making changes to retain your companies talent. Otherwise, employees won't stick around—which can impact your company's overall productivity and efficiency.
Don't waste time training new talent. Instead, focus on retaining the talented employees you already have!
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