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Reasons Why Employees Leave Your Business - Career - Nairaland

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Is Corporate Loyalty Dead?; 4 Reasons Why Employees Are Calling It Quits / Why Would You Want To Leave Your Current Job? / Why Did You Leave Your Last Job? (2) (3) (4)

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Reasons Why Employees Leave Your Business by Afoime2: 10:19am On Dec 09, 2021
The real reason employees leave:

lack of direction
Most of the talented employees in your business are ambitious and that isn't all about getting the highest salary possible. People want to know that the company they work for has a clear vision and is making steps to achieve it. This covers a lot of your business model but it's important that you are making it a priority to communicate to employees about the direction you are heading in.

More than this, you need to be clear about the steps you are taking to achieve your overall vision as a business. You need employees to buy into your vision and help you work towards this, otherwise staff will eventually leave and their experience and skills go with them.

Not enough recognition or appreciation
If people feel as though you either don't value their abilities or aren't willing to put them to good use, they will find someone else to work for. This is a top reason why employees leave. No matter how high up - or low down - they are in the company, employees will want to feel that their role is helping the business progress in some way.

If executives fail to acknowledge the unique skills of individual workers, the company stands to shoot itself in the foot by disenfranchising employees that are waiting to fulfil their potential.

The strongest leaders leverage close relationships to discover what their workers have to offer so that the company can make the most of key skills.

Ultimately, companies stand to engage employees further, increase productivity and boost that all important bottom line when employees’ strengths are allowed to come to the fore.

Inadequate opportunities for development
Perhaps more important than this, when it comes to reasons why your employees are leaving, is ensuring that staff feel they are able to develop their skills. Often companies focus on those in management when it comes to progression, but everyone at different levels of the business will want to be able to improve their abilities.

Jim Clifton, CEO of analytics and advice company, Gallup, cites the provision of adequate opportunity for progression and professional development as the number one predictor for turnover. If individuals don’t feel like they are advancing their careers and enriching their professional lives, they may turn to alternative employers who are more able to give them the attention they deserve.

If opportunities to climb the corporate ladder only appear when employees retire, then a work environment can start to stagnate. In such circumstances, the drive for promotion becomes a long waiting game that few motivated workers will stand for.

Deprivation of autonomy and micro-managing
Autonomy and empowerment are not just things reserved for those in the highest positions at your company, but something that employees at every level can benefit from. Of course, some staff work at their best when they are closely managed by another person, but many professionals will blossom if you give them some level of autonomy.

Micro-management severely undermines development, hinders ownership and essentially says that you do not value the people you have in charge.

Refusing employees the independence that their job roles require prevents those staff members from exploring the parameters of their position and from being the best they can be. As such, fussy managers will never know how good employees really are at their jobs, and will cut themselves off from authentic feedback.

It should be noted that shoulder-prodding supervision has a positive role to play in certain short-term situations – training new employees, for instance, or giving underperforming staff more confidence. However, the practice is more readily associated with low employee morale and higher staff turnover.

If people feel as though they aren't given the freedom to be responsible for their own progression and development, as well as within their role, they are likely to look elsewhere.

Financial insecurity
Being paid is a fairly important thing for employees, and though it's not everything, it can be a key reason why employees leave. Underpaying your employees can be considered a sign that you aren't a sucessful business. If staff think the business is struggling financially, then you may find that staff start to leave at a rapid rate. This doesn't mean that you need to lie to employees and make out that your company is more stable than it is, after all every business goes through hard times at some point.

It's much more about how you approach these periods. Tell employees that you are having a rough time financially, but reassure them that there is a clear plan to resolve the problems and they will be kept in the loop. This will help them understand why things such as pay rises may be rejected, but let's them know that it's under control. Ignoring the issue will cause rumors to fly around like wildfire and people will leave out of fear.

Lack of proper communication
This is a seriously important issue on which business success hinges. It's not just one of the reasons why employees leave, but one which holds implications for the entire corporate hierarchy. Successful firms cherish the value of clear communication and amplify it through any number of channels so that messages are understood quickly by all parties concerned.

Positive knock-on effects include improved relationships, better defined goals and improved commitment. Similarly, these virtues disintegrate if communication is not cared for as a corporate priority.

Poor communication breaks employees into silos that struggle for direction, causing individuals’ morale to nose-dive.

Toxic corporate culture

Workplace culture is becoming much more important for employees at every level. If staff feel that you are constantly watching them, waiting for them to slip up, or that all you care about is your profit margin, they are going to leave for a business that values them or can pay them more.

To solve this, you need to look at what you offer employees aside from their wages. Do teams work well together? How is morale? Organize events to bring people together, and look at what benefits or perks they would value the most if you introduced them. Of course, this requires a level of financial backing but even researching it will show staff that you value them.

Failure to listen
A trait that engenders failure in many facets of life, executives that show no ability or willingness to open their ears – and eyes for that matter – risk ignoring valuable employee messages.

Way beyond a nod of the head or paying lip service, taking on board what others around you have to say requires authentic listening – the ability to truly understand the other person’s position, their context within the company and their perception from that position.

US management consultant and educator, Peter Drucker, famously said that communication is all about hearing what isn’t being said. Bearing this in mind, authentic listening relates to using questions, spending time and giving consideration to achieve true empathy with another party. It is a dynamic which must grow from the listener’s drive to help, so that another person can have the confidence to fully and clearly communicate their needs.

The bottom line is that employee turnover costs time, money and industry reputation. As such, it is critical that executives put every effort into understanding the reasons why employees leave the company, then identify and eliminate any of the above issues from management styles.

Each of us has character traits that could be holding us back, impeding on our ability to lead and inspire. If leaders begin with looking inside in a way that promotes self-awareness, then areas to work on can be established.

This will enable those in charge to address crucial areas in a way that slowly develops a working culture that will encourage employees to stay engaged and committed to the companies they work.

Source:https://www.insightsforprofessionals.com/hr/recruitment-and-onboarding/8-reasons-why-your-employees-are-leaving

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Re: Reasons Why Employees Leave Your Business by socialmediaman: 2:10pm On Dec 09, 2021
Re: Reasons Why Employees Leave Your Business by ATEAMS: 2:11pm On Dec 09, 2021

Na...Too much dullling be the cause

.OoO

4 Likes

Re: Reasons Why Employees Leave Your Business by englishmart(m): 2:11pm On Dec 09, 2021
Most employers are inconsiderate. I worked with First continental properties limited in constructing the Epoch world trade center Abuja. A magnificent structure slated for $1bn. I started work in 2011 when the economy was just fair. As at then, I was paid roughly 60k monthly. Whenever one fell sick or got injured at work, the person wasn't taken care of by the company. Matter-of-fact, you're basically on your own. The only business they have with you is 8-hours of hard labor, whatever happens during or after work is solely your responsibility. Though we were payed weekly, but before the wages lands, the money already has an impending need to meet. I pray for Fridays to come asap, but once it's Friday, I become scared. It was clear I was working for several people but myself. I worked for 10-years and was on the same wages. Nothing changed except for the economy, and myriad of needs to take care of.
Recently, October precisely, one of my bosses who left the company invited me to Lagos for another job, this time it's Dangote's headquarters project. I didn't think twice, I took the next available night-bus and headed straight to Lagos (shey them say make we take bold steps and leave our comfort zones)
First time in Lagos, Ikoyi precisely. It hasn't been an easy ride so far. Cost of living in Ikoyi is twice that of my residence in Abuja. No good water, etc. Maybe I should have remained in my comfort zone, but God probably has a reason for directing me to Lagos.
The reality is that most companies owned or managed by Nigerians, Lebanese, Chinese, indians, etc, are nothing but a modern day slavery program.

30 Likes 1 Share

Re: Reasons Why Employees Leave Your Business by ajepako(f): 2:11pm On Dec 09, 2021
Add bullying and harrassment to the list

18 Likes

Re: Reasons Why Employees Leave Your Business by beautyfunke(m): 2:13pm On Dec 09, 2021

1 Like 1 Share

Re: Reasons Why Employees Leave Your Business by mainman7(m): 2:13pm On Dec 09, 2021
They say go to school so you can get a job that they shall threaten to take from you if you refuse their j*b.



There long term ultimate plan.
Creating resistantless vessels for demons.

3 Likes 1 Share

Re: Reasons Why Employees Leave Your Business by jeff1607(m): 2:14pm On Dec 09, 2021
Someone will come bringing the entrepreneurship mantra.

2 Likes

Re: Reasons Why Employees Leave Your Business by IrepChrist: 2:15pm On Dec 09, 2021
Financial Security remains the only important factor in Nigeria. Pay more than your competitors and as at time due, no one goes no where.
Re: Reasons Why Employees Leave Your Business by BlaqJosh: 2:15pm On Dec 09, 2021
Ok, but not all are the reason
Re: Reasons Why Employees Leave Your Business by yemmit90: 2:16pm On Dec 09, 2021
No matter what you do as an employer, employees will surely leave anytime they see better offer. It is all about comfort and pays for Nigerians.

6 Likes 1 Share

Re: Reasons Why Employees Leave Your Business by jericco1(m): 2:17pm On Dec 09, 2021
Underpayment
Re: Reasons Why Employees Leave Your Business by Born2conquer: 2:17pm On Dec 09, 2021
Employees leave businesses in Nigeria??

All these do not matter so far they’re getting paid monthly, they leave only when they get a higher pay

1 Like 1 Share

Re: Reasons Why Employees Leave Your Business by Newyorkitis(m): 2:19pm On Dec 09, 2021
Lack of financial gains and toxic corporate culture tops the chat, in my opinion.

2 Likes

Re: Reasons Why Employees Leave Your Business by yuzjet(m): 2:20pm On Dec 09, 2021
Hmmm
Re: Reasons Why Employees Leave Your Business by Ranksun: 2:22pm On Dec 09, 2021
What of those who don't care if the company is moving forward or not but want there salary b4 month end

1 Like

Re: Reasons Why Employees Leave Your Business by InvertedHammer: 2:23pm On Dec 09, 2021
/
I dare say that one cannot run a successful business in Nigeria without micro-management. Employees know what to do but choose not to do it or worse case scenario, put a Nigerian signature on it. There is a gross mismatch in input, output and expectations.
/

3 Likes 1 Share

Re: Reasons Why Employees Leave Your Business by Nobody: 2:25pm On Dec 09, 2021
True tho
Re: Reasons Why Employees Leave Your Business by josielewa(m): 2:25pm On Dec 09, 2021
i know
Re: Reasons Why Employees Leave Your Business by Nobody: 2:27pm On Dec 09, 2021
grin

LACK OF DECEMBER SALARY.

I see alot of NPF policemen resigning and joining NYPD. I see alot of Local Government civil servants resigning and joining MOBIL Producing Unlimited.

This I have seen.
Re: Reasons Why Employees Leave Your Business by Nobody: 2:27pm On Dec 09, 2021
Also, if dem no see way take Thief money, they will run.

2 Likes

Re: Reasons Why Employees Leave Your Business by Mko123(m): 2:28pm On Dec 09, 2021
Q
Re: Reasons Why Employees Leave Your Business by bizbrainko: 2:32pm On Dec 09, 2021
If business is easy to setup, everybody will own one. Nigeria is a place where you hardly get business loans except you are connected and even they eventually give you one, the interest is cry

I don't even want talk about taxation left, right and every corner. Running business is not easy in this part of the world more especially when you are trying to grow organically

If you think employers are bad, then start your own business and treat people kindly.

2 Likes 1 Share

Re: Reasons Why Employees Leave Your Business by Uchexxy(m): 2:34pm On Dec 09, 2021
It's funny that most people who have replied feels like money is d only motivating factor for Nigerians and I do understand this line of thought but I must say that it's not the case. Even with good salary structure, employees would leave if they don't feel valued enough or the workplace is toxic to them.
I personally would be leaving my job this month and even if my salary is doubled, I still won't accept it cos I'm just fed up.
It's that simple!

2 Likes

Re: Reasons Why Employees Leave Your Business by abobote: 2:35pm On Dec 09, 2021
Since when employee begin to have choice nah, I mean since when? You mean they have all these choices but can't create employment for themselves. Employees only leave when there's a bigger pay somewhere else
Re: Reasons Why Employees Leave Your Business by emmanuelbrown26: 2:36pm On Dec 09, 2021
Most employers and employees are wicked and heartless

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