6 Workplace Factors That Increase Staff Turnover

wealthofgeeks.com

In 2020, as the pandemic rose, 3.5 million people left their jobs – either due to quitting or extended layoffs and “temporary” furloughs that became permanent. 

All businesses expect some staff turnover. In the United States, the average rate of voluntary turnover is 13%. Naturally, employees retire, find other jobs or move to different cities.

6 Factors in the Workplace that Contribute to High Staff Turnover

People compare their careers, assets, and net worth with colleagues, family, and friends. One of the main reasons that employees leave is to accelerate their careers and make more money.

Minimal Growth Opportunities

In such situations, employees often feel stuck in their roles and turn to external opportunities to progress their careers.

One of the best ways to provide feedback is with regular 1-on-1s. Besides being a sign of commitment from management, 1-on-1s are a crucial factor for employee success.

Lack of Feedback

Micromanagement drives employees away because it signifies a lack of trust and freedom. Excessive supervision stifles creativity and motivation, reducing productivity and employee burnout.

Micromanagement

Employees feel motivated and encouraged when they are trusted. It allows them to shine and enables management to identify skilled workers.

Swipe up to learn more!