Monday, July 02, 2007

Top Five Reasons why employees leave their jobs



In one of the trainings that I attended, a trainer shared a survey that says there are generally five reasons why employees join or leave a company. I have been using this survey and sharing it since I discovered it years ago. Allow me to share it with you:

1. Pay – It pays to be paid well. The key word here is right remuneration. The question is, how much is enough? The survey says people resign or join a company because of the salary. This seems to be the number one reason.

2. Company – Fresh grads would do anything to join P&G, Accenture, Ayala, SGV and recently Smart. It’s probably partly because of reason number one but then again a bigger portion is because of the company culture, the trainings that these companies offer and the experience that you’d gain from working in these companies. Often, they use the employment as a springboard to higher positions in another company.

3. Job – So you finished a B.S. Nursing degree and an R.N. (Registered Nurse) but you work for a company’s IT department. Sounds strange huh? You study hard to be a nurse (and probably hope to work abroad) but happen to enroll in a computer course and realized that you actually love working with computers. This just supports the adage: “Find a job that you love doing and you’ll never work a day in your life.”

4. Peers – Birds of the same feather flock together. If you’re a sheep, then you’re the odd man out and chances are, you’re going to find a group where you’d be most comfortable working. That may mean moving to another department or another company.

5. Superior – No leader will accept this reason but second to pay, this is probably one of the top reasons why people leave – the bossy boss. There’s this thing called chemistry and a superior-subordinate is the hardest concoction to mix. There isn’t one formula for all and the probability is at least one of your staff hate your guts. The good thing (or bad) is that he’ll eventually leave you.

The result is not actually in that order. The good thing about is that when I tested the theory, it was 99% accurate. And the one percent? It accounts for a staff who resigned from his previous employer because of her ex-boyfriend. Probably, the ex-boyfriend was his ex-boss who she wanted to avoid. Did I mention that the ex-boss is married?

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