Daily Archives | November 7, 2016
Posted on November 7, 2016 | By Ailin Ontiveros
If you read local and international news, you’d come across many articles regarding labour turnover. In fact, this affects the company a great deal. On the other hand, it’s an additional expense for the company. The reason being that, the company should spend on recruitment and training from scratch. However, the staff of the company is what drives the performance. Without which, no business could develop and expand it in other regions. However, there are many reasons that have been identified for employees considering resigning from the positions. Moreover, companies also have raised concerns regarding the productivity and morale of the staff.
Is your company facing a similar situation? Are you taking necessary steps to identifying the root causes to find the solution to the problem? If you haven’t it’s time to consider some factors. Most management of new ventures aren’t aware of what these reasons could be. Therefore, rather businesses are struggling to reduce and mitigate this serious problem. With that said, identifying the reasons for it, is a good start. Here are some grounds for the spike in turnover rates:
i. Traditional methods
The younger generation is constantly on the lookout for novel and automated work such as performance management software Australia. However, there are many businesses that are strict in following traditional methods. Hence, even after requesting, if the company refuses the suggestions, this could be an issue. Employees wouldn’t want to work in such a setting that supports the growth in snail speed.
ii. Controlling than leading
On the other hand, most managers or seniors in the management aren’t people oriented. As a fact, employees are constantly demoralized. The main reason being that the seniors are extremely demanding rather than supporting. This could be seen in individuals been recently promoted to senior positions. Hence, staff should be trained to develop leadership and managerial skills.
iii. Lack of opportunities
On the other hand, lack of opportunities is another reason, as the performance of the staff is hardly recognized. Therefore, no matter how dedicated and hardworking the staff is, it isn’t rewarded. On the other hand, there’s hardly a proper system for evaluating performances. Which is why today, HR software Australia is used to assess this area. As a fact, staff lacking in skills could be trained further to enhance the efficiency.
At present, given the technological advancements and more opportunities, employees are in search of something new. Therefore, if the companies weren’t able to live up to the expectations and standards, the staff would lose interest. This in turn would affect the performance, which impacts the company’s operations. Therefore, identifying the reason could stop losing and saving more staff from leaving the enterprise.