6 Factors that Bring the Best Employees to Quit
As a business owner, you know how important employee retention is. When an employee quits, it can be disruptive and costly, yet some managers and executives watch it happen again and again. If you are one of those that lose valuable employees, read on to discover six factors that bring the best employees to quit.
Under Micro Management
Outlining the way a top performer must handle a task is one sure way to push them out the door. Instead, present a task and allow them to use their creativity to come up with a successful outcome. It may be difficult to let go, but it will be much more difficult to find a new employee.
Too Much Work
Having too much work is the top reason former employees list as their reason for quitting. If you find yourself continuously turning to a certain individual to help during work overloads, why not give him or her a promotion to show you appreciate the extra work.
Not Enough Work
Most companies have down times, but when there is not enough work, boredom and frustration can settle over top employees. To keep employee retention up and loss down, create opportunities for their personal development with a creative project.
Not Enough Compensation
Employees that are driven and talented know they have value and expect to be compensated for their efforts. It is not always about money, sometimes a title, a day off, a recognition bonus, or a flexible schedule can be enough to keep your top employees working for you.
Not Feeling Recognized
Few things upset an employee as much as feeling their efforts are not recognized as valuable. When it comes to top employees, that is even truer because they are constantly working to prove themselves. Whether it is public appreciation or private recognition, a little can go a long way.
Few Opportunities to Develop
Top performers often come from a personality type that is driven to succeed, create, and develop new skills. Since your top employees are often already talented, it may be easy to overlook the fact that he or she may require opportunities at work to expand those talents. The solution can be as simple as offering them a chance to take technical class, shadow a senior executive, or change up their routine to include new experiences.
Employee retention is easier than you think. Use these top six reasons employees quit to your advantage and give them a reason to stay.