January 1st is a time for reflections, transitions, and swapping bad habits for good. For some of us, especially those who have just experienced a tough annual performance review, it’s also the time to look for a new job. But what makes employees start seeking opportunities elsewhere?
Below are the top 10 reasons for employee turnover. Chief among them are lack of recognition, lack of clear direction, and a poor corporate culture. High employee retention rates depend on managers who develop genuine relationships with their people. They accomplish this by believing in the values of trust and transparency, and by providing employee feedback often.
With employee retention affecting the work environment as well as the bottom line, it’s time to start regularly checking-in with employees about how they’re feeling about their work.
Infographic Courtesy of Manila Recruitment