Increasing attrition in almost every industry in India and across
the world has become one of the biggest challenges faced by the
employers. Companies are finding it tricky to understand what their
employees want. As a result, many companies are failing to keep
the employees from leaving. Therefore, it is time to look into the core
reasons to understand the tendency to change jobs so frequently.
Following every resignation, a question naturally arises"What made
him leave?", which, in turn, raises another question in the
employers' mind"What is the rival firm
offering that we could not?"
Employers are carefully formulating and frequently altering policies
to create and maintain certain "feel good factors" for the employees,
expecting to fulfill their people's expectations. However, while
planning retention strategies, companies frequently make mistakes
by generalizing the factors that are presumed to be motivating for
the workers.
We all are individuals with distinguishable needs that can
be called "feel good factors". During
the stint in a particular company, every employee looks for motivating
factors that will make them feel like coming back to work every
morning. However, these factors differ from employee to employee, in
exactly the way their perceptions differ about the company they are
in. In the absence of the required feel good factors, employees
eventually start looking for greener pastures. |