An organization is a kind of social entity that is made up of a group of people, working together to achieve a common goal. The employees are the most important asset for any firm or organization, as without employees firms and organization will be reduced to nothing more than just a name. A collection of employees will not only make an organization, but they provide the organization a competitive edge.
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The employees can be on the higher tiers such as the likes of managers or something more humbler like foremen, but its these employees are what allows an organization have the ability to dominate other organizations. These employees contain all the necessary skills, behavior, knowledge, capabilities, efficiency and etc that organizations can employ to execute in-depth strategies and move forward with all their goals. This is why organizations need to treat employees better and to retain them as they are what allows the company to move on forward and achieve goals.
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Employee retention literally means the company, organization, or firm’s ability to keep or retain its employees. Employee retention requires certain strategies to follow. This means, companies need good plans and policies in order to keep their employees. But the best way to address a problem is to know it’s roots, that is why the best way for an organization to keep its employees is for them to know the reasons why they want to leave.
Reasons why employees leave:
Salary -One of the most apparent reasons why somebody would want to leave an organization is their salary. The main reason why somebody would want to work is money. People work jobs to get money and this is why an employee would want to get out of an organization in favor of another one with better pay or if they feel like they are working to much for so little.
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Lacking Motivation: Motivation is what drives and encourages employees to work hard to achieve targeted goals. Motivation is needed every now and then to boost morale, this could be in any form be it monetary or not. The passion to work hard is very important. Motivation provides exactly that.
Poor Management: Management is very important when it comes to employee retention Lack of managerial skills will only cause the number of employees drop down at a constant rate. Managers don’t need to be strict at all times, there are some situations that requires politeness. Good balance is what’s recommended, managers also need to hear the voice of the employees and help them with the proper solution.
The reasons above are just the common reasons as to why employees want to leave I’m sure there are other personal reasons that might drive an employee to leave the organization.
Retaining employees is hard, but its 3 times as expensive to have them replaced so it’s better to keep them.
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