WHY DO EMPLOYEES LEAVE

Good afternoon everyone and welcome to the next episode of business on chai.

 

As usual Ameet Parekh will discuss something that will help you build a more profitable and scalable business.

 

And today we will talk about something that is a pain in almost all business owner’s life

 

People Come And Then They Leave

 

And you are hung out for dry

 

And Ameet Parekh will try to understand why that happens

 

So Here Are The Top Reasons Why People Leave From Any Business

 #1) Handling Too Many Responsibilities

 

now here is one of the big reasons why people leave

 

because they are given too many responsibilities to take care of

 

now I know this is something many of us have been told that you should be good at multitasking but when it comes to professional tasks

 

Any Employee Handling More Than 4 Responsibilities Will Always Lead To Disaster in Their Job Role

 

and this is one of the big reasons why people want to get out of jobs when they are held accountable to more than 4 tasks

 

so, a Mastery Tip Would Be Do Not Give More Than 4 Responsibilities To An Employee In Any Job Role

 

#2) Do Not See Personal Growth

 Today people do not come to work for money or roti or kapda or makan

 

This has been taken care by their ancestors

 

They come to work for lifestyle, for personal growth, for better responsibilities

 

The Moment An Employee Feels The Work They Are Handling Is No Longer Contributing To Their Personal Growth As An Individual, They Will Think Of Leaving

 

Because there nothing that is challenging them to perform better

 

Or to feel they have achieved something

 

This doesn’t mean you give them herculean task that they can never complete

 

But a Mastery Tip Would Be- Every Employee Should Be Allotted Tasks And Responsibilities That Makes Them Feel They Are Learning Something New And Growing

 

#3) They Do Not Feel Appreciated or Credited for Their Contribution 

 This is another critical factor that drives attrition in organizations

 Every one of us As Human Beings Desire Appreciation For Our Efforts

 We want others to appreciate us & give us credit when we do something good

 

But unfortunately, in most corporate and business culture people more often told what they did wrong and rarely appreciated for what all they are doing right

 

And this is a big Internal reason that leads people to leave an organization

 

Mastery Tip: Create Systems To Recognize And Reward Hard Work & Sincere Efforts Of Your Team To Give Them A Feel That You Or The Company Appreciates Them For What They Are Doing

 

#4) Feeling of Underpaid & Overworked

 Now This Is Another Critical Factor That Leads To Numerous Good Employees Leaving Businesses

 

They work hard

 

They produce results

 

But they are not paid well

 

 

The company culture is right, they feel appreciated which why they are still working but

 

In the long run if you do not pay, your Aplayers well

 

Instead of focusing on producing results for you they will focus on the next job that can pay them well for what they do 

 

Now I am not saying you pay them whatever they ask

 

Mastery Tip: Create a Career Growth Path for Them

 

Keep it crystal clear on what action or results will lead them to next level of financial growth in the organization

 

#5) Work for a Boss Not with a Leader

 

This Is One Of The Biggest Reasons Why Most People Leave Organizations

 

Nobody Likes To Work For A Boss, Who Tells Them What to Do & What Not To Do

 

Now what are the attributes of a boss:

 

Who comes around tells them what to do & micromanages each and every aspect of the job

 

Makes them feel they are not good at their job by constantly being critical of their work

 

Doesn’t supports them from the front or on the ground

 

Never gives them credit for their hard work & results

 

Doesn’t takes an effort to know their own people

 

Is always transactional in behavior

 

Doesn’t stands up for them when the time comes

 

While a Leader:

 

Makes the person come up with what should they be doing

 

Always appreciates their hard work & gives constructive feedback in when they go wrong

 

If need be, comes and supports the team on the ground

 

Gives them credit & appreciation for their results

 

Takes effort to know the people working with him/her

 

Goes above and beyond the general rules of engagement in a work environment to help, support & lead their people

 

If as a business owner, you can avoid these 5 major mistakes

You will always have an efficient & committed team who will move earth and moon to drive results for the company

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