Here in the United States, job retention rates are pretty concerning, there is no doubt about it. In fact, they have become so worrisome that the vast majority of companies and Human Resources professionals actually consider job retention to be one of the very top problems – if not the number one problem in and of itself – that is faced by the workforce of the United States as a whole. And unfortunately, the statistics are there to back up this feeling.
For instance, more than two and a half (around 2.7, to be more precise) million workers had left their jobs over the course of the June of 2015 alone, a number that has continued to be worrisome in the years that have transpired since. This already marked an increase in workers leaving their jobs by as much has 25% in comparison to the June of 2013, only two short years before the 2015 data was gathered. And many millennials – as many as 60% of them, as a matter of fact – actually have said that they are always on the lookout for the next best job, always looking for a job that will suit them better and offer better benefits (among other factors) than the job that they currently already have.
As the top executive recruiting firms in the country know, there are many reasons that places of work are struggling to hold down employees for any significant amount of time and instead calling upon top executive recruiting firms and outplacement companies as well. Finding the right career can be hard, and in many of these situations of poor employee retention, a poor skills match between job and employee can be attributed to the lack of a good working relationship between the two. In fact, top executives (such as those working at top executive recruiting firms and in many other places and capacities all throughout the country) have overwhelmingly said that a poor skills match is one of the top reasons why a position doesn’t pan out for any particular employee.
In these cases, both proper screening as well as proper training measures can be implemented by top executive recruiting firms or any other company here in the United States. The on boarding process for any employee should be an extensive one, as an employee understanding exactly what their role should be within the company is hugely important for their success there. In addition to this, on boarding processes can help to clear up any concerns that the employee might have had about the job as well, something that can also be hugely helpful both at the start of their time in the position as well as all throughout it.
A lack of motivation can also be the root cause and is something that often unfortunately originates in the workplace itself, making it a bigger problem than just one individual employee who is struggling to find their place and perform up to the standards that they should be. In fact, a scant few of all employees in this country – only two for every ten that were surveyed – have said that they feel sufficiently and adequately motivated by their superiors. The rest of workers in the United States, the overwhelming majority, reported very differently in terms of upper level encouragement to lower level employees.
Again, taking steps to rectify this problem is relatively simple in the grand scheme of things. In fact, setting up an employee recognition program can be, on its own, particularly helpful. Such employee recognition programs have been shown to have huge levels of success when implemented in businesses of all types all throughout the country. In fact, it’s been found that actually more than 85% of companies like top executive recruiting firms that have made these changes have seen positive results, particularly in employee satisfaction and engagement. But from top executive recruiting firms to many more types of companies, the ability to keep up with such programs will be hugely important to the overall success that they ultimately have for all the employees in the company.