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10 Reasons Good Employees Quit Even if You Pay Them Enough

10 Reasons Good Employees Quit Even if You Pay Them Enough

Released Tuesday, 2nd November 2021
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10 Reasons Good Employees Quit Even if You Pay Them Enough

10 Reasons Good Employees Quit Even if You Pay Them Enough

10 Reasons Good Employees Quit Even if You Pay Them Enough

10 Reasons Good Employees Quit Even if You Pay Them Enough

Tuesday, 2nd November 2021
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10 Reasons Good Employees Quit Even if You Pay Them EnoughIt is always sad and challenging when a valued employee leaves the company. Very often, our efforts at retention are targeted towards compensation. But there are other reasons for which a successful employee may want to quit their job. Here are 10 of them.MANAGERWe’ve all heard it time and time again – “Employees don’t leave a company. They leave their manager.” First of all, this is not entirely true. Even in this list, there are nine more reasons for employees to leave the i r jobs.But more importantly, this is not always a bad thing. Yes, some terrible managers micromanage, do not create clear expectations, do not provide recognition, take credit for their employee’s work, or treat them disrespectfully. But there are also some great managers who do everything right, and employees still leave them.Why is that? On the one hand, good managers develop their employees and help them grow personally and professionally. Just like good parents, they give their team members wings. And those wings sometimes take them away from the team.On the other, good managers set clear expectations, goals and values for their team. This provides the foundation for teamwork, cooperation and great results. However, it also clearly distinguishes the employees who do not align with the common objectives and assumptions. And they sooner or later leave. Which, in the long run, actually only makes the team stronger.LOSS OF MEANING AND PURPOSEMost employees worth retaining need to feel that their work has meaning. They want to understand how they contribute towards something bigger and better. If we fail to paint this larger picture to them, and they do not see the purpose of their everyday efforts, they will likely lose motivation and leave.Moreover, for our employees’ work to have meaning and purpose, their work objectives and values must align with their personal values and goals. When there is a significant discrepancy between the two, it isn’t easy to find meaning in what they do and stay motivated.INABILITY TO SEE THE RESULTS OF THEIR WORKSometimes our employees work very hard towards achieving a goal, but somehow it continues to elude them. This may be because of a lack of sufficient resources. Or the priorities of the organization continuously shift. Or the workplace politics interfere with the personal or team goals.All of these may result in an overwhelming feeling that they keep banging their heads against a wall. And if the obstacles are not removed, in giving up and leaving.LACK OF CAREER OPPORTUNITIESMost employees nowadays put a big emphasis on the opportunity for career advancement. And if the company cannot provide them with such, they will look for growth elsewhere.It is important to note that sometimes the issue is not in the lack of opportunities as such but in the absence of enough information and support in taking advantage of the existing opportunities. As managers, it is crucial to understand our employees’ career aspirations and ensure that they know about all their options.LACK OF CULTURAL FITCompany culture comprises the shared values, beliefs and practices across an organization. It sets the context of everything we do in the workplace. And of course, if the company culture is toxic, this can be a significant reason for employees to quit.However, an employee may not be a direct fit into a positive organizational culture as well. And what is crucial in these cases is the maturity of the organization and us as leaders. While often perceived as only related to race or gender, the concept of diversity is actually much broader. Cultural misfits can bring many new ideas and approaches to the work process and lead to a lot of innovation. However, many managers still find it challenging to integrate someone who does not immediately match the team or organizational culture with their teams.WORK-LIFE BALANCEWork-life balance is a common reason for resignation. And it is often...

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