{"id":256,"date":"2021-04-22T18:54:21","date_gmt":"2021-04-22T18:54:21","guid":{"rendered":"https:\/\/orgvision.io\/blog\/?p=256"},"modified":"2021-06-09T22:14:54","modified_gmt":"2021-06-09T22:14:54","slug":"what-are-the-main-causes-of-employee-turnover","status":"publish","type":"post","link":"https:\/\/orgvision.io\/blog\/what-are-the-main-causes-of-employee-turnover\/","title":{"rendered":"What Are the Main Causes of Employee Turnover?"},"content":{"rendered":"

Pave the way towards your employee\u2019s success .
\nEmployee turnover can be extremely costly to a company. All kinds of studies have shown the impact to
\na company\u2019s bottom line. And that cost or impact is a very simple math formula. First, there is the time
\nand cost of finding and training a suitable replacement. Second is the learning curve involved for the
\nnew hire to get acquainted with the company\u2019s culture and work environment, which can take many
\nmonths. The whole process between identifying the replacement \u2013 onboarding the replacement and
\nthen getting that replacement up to cruising speed can take 6 to 12 months. In this article, we will be
\ndiscussing the\u00a0major causes of employee turnovers<\/strong>\u00a0and how to address them.<\/p>\n

Lack of Growth<\/h2>\n

Perhaps the biggest cause behind high employee turnover is the lack of growth and development
\nprospects in your company. If the employee feels like they are stuck in a dead-end job with no
\nopportunities to rise up the career ladder, they are likely to call it a quit and switch companies.<\/p>\n

Solution<\/h3>\n

Don\u2019t treat your employees \u201cnon strategic assets.\u201d Every employee is an asset and assets should be
\ninvested in. . Provide them opportunities and invest in their learning and development. Not only does
\nthat improve your employee retention but company productivity as employees will feel more motivated
\nto work harder.<\/p>\n

Lack of Feedback and Recognition<\/h2>\n

Employees want to improve and contribute more to their company. However, if there is no feedback or
\nrecognition on their efforts, they can quickly become highly demoralized, lose interest in their work and
\neventually decide to leave your company.<\/p>\n

Solution<\/h3>\n

Encourage and train the management on giving helpful feedback to the employee and to be genuinely
\ninvested in their growth. Have a robust\u00a0employee recognition program<\/a>\u00a0in place so that the efforts of
\nhard-working employees get easily recognized and appreciated.<\/p>\n

Overworking<\/h2>\n

While some days may require employees to give a little extra due to the scale of the project or tight
\ndeadlines, late hours and a high workload should be an exception, not the norm in your company. If you
\nare constantly overworking your employees, they will be quick to make a switch to a company that
\noffers a better work-life balance.<\/p>\n

Solution<\/h3>\n

Understand that oftentimes, less means more. Productivity doesn\u2019t necessarily increase as work hours
\nincrease. In fact, stressed and overworked employees are likely to be less productive and more prone to
\nmaking mistakes. If the existing staff is struggling to keep up with the workload, don\u2019t hesitate to hire
\nnew employees or contract some of the responsibilities to freelancers.<\/p>\n

Micromanaging<\/h2>\n

Humans are not robots and are more productive when you offer them greater freedom and flexibility in
\ntheir workflow. Robbing them of their agency and making every decision for them will leave them
\nfrustrated with your management and, in the end, force them to leave your company.<\/p>\n

Solution<\/h3>\n

Limit yourself to setting certain guidelines in regards to work and give your employees the leverage to
\napproach it their own way.<\/p>\n

Challenging Bosses<\/h2>\n

Sometimes, the problem could just be a manager who does not have the skills or temperament for the
\nposition which is causing a lot of your employees to leave your company.<\/p>\n

Solution<\/h3>\n

Keep tabs on the management and make sure they are performing their job well. Use employee survey
\ntools to assess how your workers feel about their boss. Invest more time and effort in hiring the right
\nperson for such a crucial position. This hire will have a direct impact on employees who you have
\ninvested a significant amount in \u2013 a wrong hire at this level of course can be costly for your company..<\/p>\n","protected":false},"excerpt":{"rendered":"

Pave the way towards your employee\u2019s success . Employee turnover can be extremely costly to a<\/p>\n","protected":false},"author":1,"featured_media":257,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-256","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33"],"_links":{"self":[{"href":"https:\/\/orgvision.io\/blog\/wp-json\/wp\/v2\/posts\/256","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/orgvision.io\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/orgvision.io\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/orgvision.io\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/orgvision.io\/blog\/wp-json\/wp\/v2\/comments?post=256"}],"version-history":[{"count":1,"href":"https:\/\/orgvision.io\/blog\/wp-json\/wp\/v2\/posts\/256\/revisions"}],"predecessor-version":[{"id":258,"href":"https:\/\/orgvision.io\/blog\/wp-json\/wp\/v2\/posts\/256\/revisions\/258"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/orgvision.io\/blog\/wp-json\/wp\/v2\/media\/257"}],"wp:attachment":[{"href":"https:\/\/orgvision.io\/blog\/wp-json\/wp\/v2\/media?parent=256"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/orgvision.io\/blog\/wp-json\/wp\/v2\/categories?post=256"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/orgvision.io\/blog\/wp-json\/wp\/v2\/tags?post=256"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}