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Employers are sometimes clueless as to the real reasons why their employees leave. The simple reason is that most resignation letters are so ethically and clinically worded that employers are lulled into believing what is stated and not what is really behind the written words.
Common Reasons For Employee Resignation
Based on exit surveys completed by departing employees, there are about 67 reasons why they leave. Some of the reasons can be prevented. They include career change, better pay, lack of advancement, geographic location, pursuing further education, long commuting time, spouse relocation, and so forth.
What Employers Can Do
If you're an employer, there are things you can practice which can effectively minimize employee exodus from your company. The fundamental key is to provide your employees their basic human needs.
There are four of these needs, and even if you give them just one of these primary needs, you are on your way to solving your problem.
1. Give them hope
Make them understand that if they stay in your company, their chances of growing in their profession are great. That means you have to give them all the opportunities to put their training into practice, help them develop their skills and talents, and so forth.
When you promise something to an employee, make sure that you go, even to great lengths, in fulfilling that promise. Reneging on what you said is the best way to alienate your employees, but keeping your word will induce them to stay through thick and thin.
3. Give them your confidence
Without being dishonest, let them know that they are doing good. That presupposes that you have assigned each employee the task he is well qualified for. In that way, everyone will perform at his optimum level. Words of encouragement can do great things.
4. Give them respect
Impress on them that they are a valuable asset and not an expense to your company. This will show that you respect their contribution to the company and that you are giving them a high regard.