Retention is the challenge of all managers. Hiring for fit can be time-consuming, but it’s critical to find the best person for each role, or you’ll risk losing them. If you’re finding turnover to be an increasingly significant problem for your business, here are the three likely reasons your employees are leaving.
Lack of Opportunity
Research shows that millennials thrive with feedback and opportunities. If they don’t see potential, they’ll walk. But this can apply to so many different types of workers. Everyone wants to feel motivated and strive for a new goal. Providing clear advancement opportunities for your staff is a great way to retain workers and to show your appreciation for their skills. Investing in your workers is a clear sign that you trust your team.
While you can’t control everything, your staff needs to have a pleasant office environment. This environment includes your surroundings as well as the professional atmosphere. Create a welcoming space by making sure your employees have all of the supplies and equipment they need, and also by fostering a supportive community feel. Encourage your workers to communicate concerns and provide feedback at every opportunity.
The dreaded problem. Pay and benefits can be challenging for businesses to mediate both big and small. Many workers leave their current role because they feel underpaid. If you can improve financial support for your staff members, you may be able to retain them. Keep in mind that it’s not always about wages — an increase in benefits can help too. Explore the cost of employee wellness programs or in-house daycare to boost your perks.
Davis Staffing Can Help Prevent From Staff Loss