Every organization wants to hold onto its best talent for as long as possible, yet top-performing employees are often one of the first to quit.
“Employees who believe that management is concerned about them as a whole person – not just an employee – are more productive, more satisfied, more fulfilled. Satisfied employees mean satisfied customers, which leads to profitability.” — Anne M. Mulcahy, former CEO of Xerox
When good employees leave, productivity sinks, morale suffers and colleagues struggle with increased workloads. Let’s determine why valuable employees are leaving. Here are the most common reasons employees jump ship to new employers.
Being overworked is the top reason employees quit, especially for top performers. There’s a fine line to walk here —the balance between extra work and overworked.
They’re not being Challenged
Top performers become disengaged when they aren’t being challenged at work. Create stimulating work and your top performers will thrive, the challenge should be something that stimulates them intellectually or creatively.
They’re being Stifled
Top performers are passionate about their work. They want to be able to pursue opportunities and explore new ideas at work. Allow them to explore different approaches to doing things and exercise their creativity, critical thinking, and problem-solving skills. Don’t force your top performers to work a certain way unless it’s absolutely required that they follow a specific process.
They aren’t Appreciated
It is important to let your employees feel appreciated. Nothing turns an employee off more than feeling like their work isn’t being recognized. Appreciation can be as simple as telling an employee that they’ve done a good job. That proverbial pat on the back goes a long way to keeping them motivated.
They aren’t Compensated Fairly
Your best employees are highly talented, driven, and motivated individuals and they know it. If they aren’t being compensated fairly, it prompts them to start looking for new work faster than other employees, as they feel more confident in their ability to get another job.
Treat your employees with care, give them the attention they need. They will stay and make the company better. Imagine the managers are the ones taking care of the ‘fertile soil’ of the company. The employees are like seeds; they have the right conditions, they will grow and flourish, as will the company.