You may have heard of your ancestors and great ancestors work the same job for more than 30 years and finally retire from the same place, collect a shiny gold watch and sail off into retirement. Today that is unheard of!
With the competitive landscape of jobs today, everyone is always looking around for better opportunities and some think changing jobs brings more security and control in the hands of the employee. The only guarantee you have today is that you will not have the same job tomorrow.
So why do people switch jobs and look to recruiters to help place them in new positions? Below are the top 4 reasons:
- Money
Everyone wants to move up to higher pay and when a company does not reward employees with bonuses and raises, then they are more likely to look around. With money comes more flexibility, equity and stability for the employee.
- Leadership
The saying that “An employee doesn’t leave a company, they leave their manager” is a true fact. Oddly enough, in most cases, the manager will have no idea that this is the case as employees keep the peace to get good references.
- Lack of Advancement
A great way to lose a key employee is to give them the impression that there is no room for growth and they will be doing the exact same job in the future years. Nothing like a boring dead-end job to motivate someone to look around for stimulating opportunities elsewhere.
- Lack of Incentives
It’s 2018 and no one gets yelled at for arriving at 9:08 am anymore (or at least they shouldn’t). If managers arbitrarily bark orders, you will eventually be barking at a row of empty chairs. Work incentives such as flexible hours, work from home options, short weeks, casual attire, and a fun environment are essential to retention.
For hiring managers, look out for these 4 signs in your organization and find ways to keep your key talent engaged and motivated. For employees, don’t change for the sake of change. Loyalty is equally valuable in the workplace as is pay and growth. You want to build working relationships for at least 2-4 years and look for ways to get more growth from your existing role, before looking at jumping ship to new horizons!
Career advice from:
Adam Strimaitis
Director of Sales
Marketers on Demand Inc.