Keeping Your Employees

A type of social entity that is composed of people with the same goal in mind is called an organization. An organization or firm is practically nothing without the single most important asset in its possession, its employees, the ones who allow the gears of the organization to turn. Not only will a group of employees make an organization, but they will also provide a good competitive edge.

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The employees can be on the higher tiers such as the likes of managers or something more humbler like foremen, but its these employees are what allows an organization have the ability to dominate other organizations. They contribute all their skills, speed, efficiency, behavior, capabilities and etc to help an organization execute any strategy required to move forward. This is why organizations need to treat employees better and to retain them as they are what allows the company to move on forward and achieve goals.

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Employee retention is used to describe a company, firm, or organization’s ability to keep or retain its employees. Employee retention is not as easy as it may sound and will require some strategic moves. This means, companies need good plans and policies in order to keep their employees. So in order for an organization to be able to keep its employees, it’s good to know why they would want to leave in the first place.

Reasons why an employee might want to leave:

Pay grade -One of the most apparent reasons why somebody would want to leave an organization is their salary. Money is the biggest motivating factor as to why people work in the first place. People work to earn some money, that’s why people look for jobs and there will always be the tendency of a person leaving an organization for an organization with better pay for practically the same work or if they feel like they are being too underpaid.

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General Lack of Motivation: Motivation is the personal encouragement of an employee to chase goals and achievements. Employees need motivation to boost morale, be it monetarily or through other means. The fervor to work hard is very important. Motivation provides exactly that.

Improper management: Managerial skills is what makes employees want to stay. Inefficient managers will only cause employees to leave on a regular basis. Managers don’t need to be strict at all times, there are some situations that requires politeness. Good balance is what’s recommended, managers also need to hear the voice of the employees and help them with the proper solution.

These are just common reasons as to why employees, there are other personal reasons as to why an employee might want to leave and go about looking for another job.

To have an employee replaced is 3 times more expensive than their salary, although it might be hard its actually better to keep them around.

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