Study Shows Nearly Half Of Workers Will Leave Their Jobs In 2017

It is important that we spend quality time with our co-workers this season because they are likely to leave this 2017 study shows.
The whole cycle of expensive recruitment may begin again but more importantly companies may lose their best brains and this is something any organization that wants to thrive should try and avoid. Where competitors are tougher and where there are are a dearth of reliable workers.

While research may be a bit of a challenge in this part of the world, one thing we must always recognize is the influence of Western research and implications on the world over.
 The Dale Carnegie institute just concluded a research of 14 countries where for example 26% of US employees said they will look for a new job in 2017 and 15% are already actively looking. In total, more than 40% may leave their companies in 2017.

The research also stressed that employees are more than 10 times likely to be VERY satisfied with their jobs if they feel they are led by someone who is honest and trustworthy.

If we look at a country like Nigeria, where the recession is hitting hard, where government is finding it difficult to pay salaries, where private organizations are struggling to stay afloat and can't increase wages, one can only imagine the % of your co-workers that are likely to leave or may have left.

The Dale Carnegie institute concluded that the major reason for this mess is poor management. Using Nigeria as a case study, the following strategies may help us keep our staff into 2017 and probably retain our best people.

1. Show appreciation:
Appreciate that old staff who is usually the first at her desk before any other employee. The staff who is ready to do all it takes to ensure the meeting room is set and ready. Appreciation shows that you value their effort and that it is not unnoticed.

2. Encourage improvement:
Most companies have a staff who is struggling to crawl and walk and it's becoming so difficult. If an improvement is noticed, it is important that managers commend them and not always criticize about what they are unable to do. Managers should focus on what they have been able to achieve and commend their strength while trying to further help them become efficient.

3. Reward and compensate a good job:
One important motivating factor apart from personal drive and passion is monetary rewards.
When targets are met, results delivered and extra effort or time is put into work, it is important that your staff is compensated. Sometimes reward could be in the form of lunch for the whole staff to show you appreciate the work and effort.

4. Be genuinely interested in them:
Most of your staff have personal lives. Family, dreams, aspirations and challenges. Be genuinely interested in this by asking questions, hanging out or conducting a one on one session to see what you can discover and further help them.
Sometimes, help can be very relative. A listening ear and care is what matters to some people.

5. Avoid bias: 
One mistake that is so prominent in Nigeria is managers been biased towards certain folks while ignoring others. It is similar to like a gang or cult. While this may not be intentional, it is important that as leaders, we are not caught in this web.
Sometimes too, we tend to be generally biased towards those who perform and do their job well naturally but if we avoid it, we may just save our organizations from imploding.

Image: fastcomapny

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