Losing a valued staff member is costly on many different levels. Many of us have had that email asking for a quick meeting and then the subsequent knot in the stomach because you know what is coming. You then try and persuade the staff member to stay, knowing that you’re fighting a lost cause, but you have the conversation anyhow.
The worst thing is that, more often than not, the reason for leaving is because of something relatively benign that could have been resolved through better communication and a few conversations in the right places. Below are some of the most common reasons for employees to move on EXCLUDING career progression:
1. Better package elsewhere
In my experience, employees recognise the importance of not moving jobs too often because this looks bad on the CV and reflects badly on them as an individual. As such, employees are more likely to stay in their role for at least 12-18 months before looking for a new position. However, it is at this stage that they start asking questions about whether they are being rewarded in their current job, both in terms of job progression and financially.
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