Do you keep hiring new employees only for them to leave within a matter of months? A high staff turnover can put a lot of pressure on businesses – you could find that you’re constantly spending time and money looking for new employees and that the temporary lack of staff results in an increased workload for you and your team. To improve staff loyalty and end the constant cycle of recruiting you need to understand the reason why your employees keep leaving. Here are just five possible reasons as to why your employee turnover is so high.
You’re hiring the wrong employees
Not everyone is going to be the right fit for your company. Many employers that are under pressure to hire new employees rush the recruitment phase, however this can often result in hiring the inappropriate people.
Whilst it may take more time and resources, you should consider putting a thorough recruitment strategy in place that could allow you to find someone who is more suitable for the job. This involves doing more advertising, reading more job applications and interviewing more applicants so that you have a larger selection of candidates to choose from.
Don’t be afraid to hire no-one if after interviewing you’ve found no-one that sticks out. If it’s emergency role that needs to be filled, consider trying temp agencies or outsourcing services until you’ve found the right person. It’s better to spend extra time and money finding the right employee than it is to hire the first person you can find only to be in the same position a couple months down the line when they inevitably leave.
You’re overworking your employees
If employees feel as if they’re being asked to take on too much, they’ll likely leave due to the stress. This is a common reason for a high turnover and can be a hard problem to fix if you’re understaffed due to staff constantly leaving.
There may be ways that you can ease the workload such as taking on less clients. If this isn’t possible, consider outsourcing certain time-consuming tasks such as accounting or even answering the phone. You could even research into ways of automating tasks that are currently done manually such as buying an industrial dishwasher for a restaurant kitchen. Your employees will appreciate the fact that you are trying to reduce the burden and may be more inclined to stick around.
You’re not making employees feel appreciated
It’s also important to make your employees feel like their work is appreciated. No sense of appreciation can often lead to no sense of reward – a wage often isn’t enough.
Simple forms of appreciation could include thanking employees at the end of the day or praising employees that go above and beyond. Praising employees in front of customers can be particularly motivating. On top of all this, you could consider sharing happy customer reviews and testimonials to show the positive impact your work is doing. You could also consider donating proceeds to charity to help make employees feel as if they’re making a difference.
You’re not offering any work benefits
Work benefits are also important for keeping employees loyal. A good wage can similarly be a benefit, but there are other perks that you can offer too.
Workplace wellness programs that offer free healthcare can be a great benefit to have. Paid holiday, sick leave and maternity pay are also great incentives that make employees feel as if they’re being looked after. On top of this, you could consider alternative work benefits such as paying for lunch, paying for commute costs and even possibly paying a contribution towards tuition fees. Of course, there are other benefits that don’t require spending money such as letting employees work from home, allowing employees to bring in pets, offering flexible hours or having dress down days.
You’re not offering any opportunities for progression
Another reason all your employees may be leaving you is a lack of progression. Without any sense that they progress within your business, employees are likely to get bored doing the same thing day in day out. Even the most exciting and rewarding jobs can turn into a routine after several years, after which employees may be looking to challenge themselves and improve their status.
Consider offering senior positions within your company or allowing employees to earn more by taking on more work. If this isn’t possible, consider allowing employees to help with the progression of your company. If employees feel that they can play a part in growing your business and making positive changes, they’ll feel as if they’re making progress and will care about your business more.