Saturday, November 16, 2019
This is the top reason employers expect more people to quit this year
This is the top reason employers expect more people to quit this year This is the top reason employers expect more people to quit this year A new report from Glassdoor finds that more than one-third of people in charge of hiring, 35%, predict that more workers will resign this year.The top reason, according to these folks?You guessed it: Cash is king.Looking for an inspiring way to start your day? Sign up for Morning Motivation!Itâs our friendly Facebook ? that will send you a quick note every weekday morning to help you start strong. Sign up here by clicking Get Started!Glassdoor finds that 45% of hiring decision makers believe salary is the main reason why workers jump ship for new positions. But Glassdoor also reported that while 48% say salary and compensation hold the most weight when it comes to choosing a job, less than one in 10 job postings online feature information about salary.Hereâs how employers can improve workersâ experiences on the job.Tips for getting employees to stayHereâs what employers can do.Be transparent from the beginningGlassdoor found that 98% of people working and looking for jo bs reported that âit would be helpfulâ having salary ranges included in open job listings.Carmel Galvin, Chief Human Resources Officer at Glassdoor, commented on the research in a statement: âPay can be a big motivator for employees to take a job, however, very few job listings actually include pay information, even if this is overwhelmingly what job seekers want. If candidates were better informed about how their pay and career could progress during the initial job search and recruiting process, they would be less likely to take a job that turns out to be a bad fit.âGive employees the tools they need to excelThis could just make things easier for both parties.A blog post by specialized staffing firm Robert Half explains why âtraining and developmentâ is an important for keeping employees around.âIn any position and industry, professionals want the possibility for advancement. Smart managers invest in their workersâ professional development and seek opportunities for them to grow. Ask each of your direct reports about their short- and long-term goals to determine how you can help achieve them. Some companies pay for employees to attend conferences or industry events each year, or provide tuition reimbursement or continuing education training,â it says.Talk to veteran talentEmployees want support that also improves their lives outside of work.An online ââhow-toâ guideâ on workersâ retention from The Wall Street Journal says that employers should âconduct âstayâ interviews.ââIn addition to performing exit interviews to learn why employees are leaving, consider asking longer-tenured employees why they stay. Ask questions such as: Why did you come to work here? Why have you stayed? What would make you leave? And what are your nonnegotiable issues? What about your managers? What would you change or improve? Then use that information to strengthen your employee-retention strategies,â it says.
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