Why Do Employees Leave The Company? 7 Reasons

The skills and experience of collaborators are among the most precious resources for companies, especially in this economic and market context characterized by constant transformation and innovation. Retaining and retaining the best talent is also essential for attracting them in the recruiting phase because it helps to strengthen the corporate image and spread a positive culture and atmosphere. Before understanding how to attract and retain them, however, it is essential to answer one question: Why do employees leave the company? In the next lines we list 7 reasons.

What Do These Statistics Mean?

Managers are finding it increasingly difficult to engage and retain collaborators, or maybe it’s another evolution of the digital age. Leaving aside the macro-trends that concern all companies and sectors, the ability to stimulate engagement is a key competence for leaders, determining the success and performance of the company. So let’s start with the 7 main reasons we have identified, with some tips to improve retention.

Corporate Vision And Culture

Every collaborator needs to feel appreciated and recognize the value of the activities they carry out daily. Setting goals and benchmarks is important, as is sharing strategies and the Vision supporting the numbers. An example? Walt Disney is the most emblematic case of an engaging vision of the future to the point of guiding his collaborators.

The Disneyland theme park was created while the founder was at the park with his children. Sitting on a bench with other parents, he daydreamed of a place of amusement for adults and children. His Vision is now worth billions and is the foundation of the world’s largest media company. A storytelling success, primarily towards the collaborators and then towards the public.

Also Read: How Employees & Businesses Benefit From Digital Time Tracking

Involvement In The Company’s Mission

Speaking of appreciation, the mission plays an essential role for people to recognize the purpose of their work as important. This aspiration then directly impacts the sense of belonging that motivates employees to give their best every day. The mission remains a fixed point in successful companies, even in organizational transformations and strategy changes.

Empathy And Listening To Needs

To obtain loyalty from collaborators and customers, it is first of all necessary to establish a bond based on mutual trust. How does it feed? The very simple answer is: by listening to people.

The personal approach takes the form of the willingness to accept collaborators’ suggestions, opinions and even complaints and demonstrate commitment to meet their needs.

Motivation & Satisfaction

Work motivations are divided into two main categories: intrinsic and extrinsic. While extrinsic motivations are closely linked to the remuneration aspect and the economic recognition of successes, intrinsic ones are instead connected to the personal desire to perform one’s role in the best possible way and make a concrete contribution to achieving business objectives.

Career And Training Opportunities

The fact that employees are motivated by the possibility of improving their position in the company is certainly not a surprising novelty, but in the current context, the lack of transparency defined career paths can become an incentive to look for a new job.

If carried out regularly, activities such as feedback interviews and performance reviews are invaluable opportunities to understand collaborators’ interests, motivations and ambitions and communicate opportunities for growth. Very connected to the aspect of development is that relating to the training of resources: when companies invest in training to increase skills, there is also an increase in employee retention.

Work-Life Balance

Promoting a correct balance between the work and private spheres, while not a real benefit, is one of the most important factors for attracting talent and improving employee engagement. To be effective, a work-life balance plan must not simply provide defined working hours but, on the contrary, offer flexibility and the opportunity to carry out leisure or voluntary activities, for example, even during working hours . ‘office.

Attention To Welfare

Starting from the objective of spreading well-being which also characterizes the idea of ​​work-life balance, companies have various welfare solutions that guarantee important tax advantages. How to identify the one that best suits your reality?

Also Read: What Is Employee Engagement And Its Usage?