“I quit!” The harsh truth about employee retention — Jobsurv

With the majority of employees feeling unpleased with their jobs, companies are always in search of new ways to keep their talent engaged. According to this Gallup research, 87% of employees do not feel engaged in their work and are doing the bare minimum to get past their day. Now more people are quitting their jobs due to a lack of training and career opportunities and although companies believe they provide development tools, employees still feel alone during this process.

According to The Bureau of Labor Statistics (BLS), the numbers of the employees quitting their jobs are constantly increasing. As the following chart shows, in just 10 years the number of quits per year has increased from 22 million to 40 million.

Lack of career development as a major reason why employees quit

Most companies are trying to build a better company culture that helps in employee retention and so they focus mainly on providing perks, free lunch, or ping pong tables. However, company culture is built by giving your employees autonomy, showing trust, and providing development and leadership career opportunities. In this way, you show that you trust them your employees, who feel happy in their working environment and willing to go the extra mile and reap the benefits.

The lack of career development paths has been found to be the second most common reason that employees decide to leave their current position, with compensation being the first. The inability of companies to provide sufficient personal growth opportunities to their employees has only increased in recent years. According to a 2019 survey by The Harris Poll for Instructure, 70% of questioned workers said that they would most likely leave their current company to pursue a different role with more career development opportunities.

This makes evident the need for more advanced tools in the career development area that utilize more people-centric practices and incorporate valuable metrics for employee satisfaction. This is where Jobsurv focuses on with their innovative approach.

Jobsurv — Your early warning system

By the time your employees decide to quit, there are a few things you can do or offer them to keep them in your company. Jobsurv helps your company identify career opportunities for your employees and uses a sophisticated cloud-based system to bring you closer to your people.

It is high time that companies stop relying exclusively on cold data and rather emphasize getting to know where their true power lies. And that is within their employees, in knowing who they are and how they work together.

Jobsurv identifies your employees’ competencies and their personality fit and unlocks critical insights that companies can use to keep them engaged and happy with their working environment. So visit the Jobsurv website to see how their user-friendly and intuitive software can foster meaningful conversations that keep your employees happy.