Pay is not the only reason why people quit their job. In fact, many employees will stay with a job that pays less if their other needs are met. Unfortunately, according to a 2018 study done by Mercer, nearly a third of all currently-employed people intend to quit their job in the next year, highlighting the need for delegating and outsourcing.
The truth is, offshoring can improve your chances of keeping your best employees. Not only does it provide new leadership and management opportunities, but it also promotes revenue growth which leads to raises and promotions.
There are many reasons why employees quit their jobs, as you can see in this study done by Career Addict. Low pay plays a significant role, but even more important than that is a lack of progression. When an employee feels stuck and without opportunities, they are likely to quit and find a job that does offer these things.
Nearly a third of all currently-employed people intend to quit their job in the next year.
Top Reasons Employees Quit:
- 1) No Progression
- 2) Low Pay
- 3) Not Getting a Well-Deserved Raise
- 4) Poor Leadership
- 5) Change of Career Goals
Top Reasons Employees Quit
While priorities among employees vary, there are a few top reasons why they quit. Let’s save time and outline the top five below.
No Progression
When an ambitious employee feels there is nowhere to go within their company, they’re likely to quit and find other opportunities. Interestingly, this holds true for employees of all age groups, even those closest to retirement.
Low Pay
Low pay is an obvious reason for an employee to quit their job. In many societies, wages are equated with worth, meaning that those who are not making much for what they do are likely to consider themselves undervalued and quit.
Not Getting a Well-Deserved Raise
Employees need to feel that their accomplishments are recognized. As such, when an employee works hard or finishes an extensive project, they need to be rewarded, or they may feel underappreciated. Most employees work hard in order to progress their careers, which goes hand-in-hand with getting a well-deserved raise.
Poor Leadership
When you take money out of the equation, poor leadership is the next biggest reason employees quit. Indeed, having a poor relationship with management or having a sense that
leadership has no idea what they’re doing makes for a frustrating work environment. Ultimately, one that drives many to quit their job.
Change of Career Goals
Of course, as employees progress in their careers, their goals can change. For example, many jobs that are high-stress or commission-based are excellent opportunities. However, when an employee’s personal life changes, such as when they start a family, they may begin to look for a job that will provide a better work life balance.
Want to improve employee retention and your work environment? We have a guide for that.
Employee Retention GuideHow Offshoring Can Address These Issues
One solution to help your company retain employees is to employ an offshoring solution. Offshoring is a lifehack that can help when it comes to delegating. It provides new management and leadership opportunities and often promotes revenue growth. In turn, this may lead to raises and promotions. What’s more, it can open up more time to learn new skills.
Closing
The bottom line is that employees quit for many different reasons, and offshoring is a way of delegating responsibilities to help prevent employee turnaround from becoming an issue. Think of it as a lifehack, and then focus on getting back to work.
