The
significance of Employees Attrition
Although
a study contacted in the year 2013 about reasons of employee's retention and
recently "Center for Management and Organization Effectiveness" has
conducted the same study of employee's and reached the same conclusion that
employees are not leaving organization just because of financial allurements,
some other major factors are responsible for the same.
An indefinite behavior of reporting manager: Coaching,
Counseling, Motivation and Development are the 4 major factors of keeping your
employees updating for better efficacy and smart working of their teammates,
but most of the managers are not putting efforts on same. However, their
teammates are confused what exactly reporting manager's want reasons they are
doing many mistakes while working resulting managers are shouting, insulting
and humiliating their teammates repeatedly and employees quit the organization.
A good employee is always an asset for the organization and frequent attrition
are the total loss to the organization.
Lack of responsibilities: 3E (Eagerness, Empowerment, Empathy)
management matrices are always benefited to make their employees empowered and
take decisions; subsequently they develop scenes of belonging towards the
organization. While empowering the employee must understand properly strengths
and weaknesses before making empower. Good organizations work on to convert
strengths into an asset and weaknesses into strengths of their employees for
that you motivate them to take the present and attain future responsibilities
and minimized the attrition incidence in the organization
Internal Politics: When leaders in an organization do not
have the respect of the employees under them, they have a negative power. This
type of leader motivates employees to perform by threatening them with job loss
and other punishments or shows favoritism to certain employees rather than
recognizing the hard work of multiple employees. Not only does the quality of
work produced decrease under this type of power, but it leads to higher
turnover rates in an organization. However, a leader of the organization must
understand their needs, mutual respect, regular communication and
discrimination with any individual may lead down the attrition level of the organization.
Recognition: A sweet word of appreciation always motivate to the
employees, must recognize their efforts of job accomplishment motivate and
celebrate with them, which create a sense of belonging towards the
organization. Being a leader must spend some time with them and involve them
with the task setting and strategy deriving. In that exercise being a leader
they recognize you in a better way. However, this is an emotional way to
minimize the attrition level.
Weak Organization: This is the
most unfortunate reason for increasing the attrition. Every employee is working
for their career advancement, recognition, learning new skills, perks and
benefits, in lieu of the assigned job profile, but once they feel stinginess and
they presume that they are not comfortable with the job assigned to them, which
leads dissatisfaction, which are the reasons people quit the organization. The
best way to involve your employees in the interaction and console them we are
here to help you.
The zest is to take your employees
along with the organization because people are an asset for any organization
minimizes the attrition level for growth and advancement of working culture.
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