A company that fails to build appreciation and recognition into the fabric of its culture is a major reason for people quitting their jobs, especially if reprimands and criticism are frequent." This is true on multiple fronts, from emotional rewards to benefits and bonuses. "A company that makes no attempt to lift their employees and to recognize their hard work on both an individual and team-wide level is one that will see people looking for different opportunities. It's human nature to want to be seen in the workplace and to want our efforts to be noticed and applauded," said Stephen Light, founder of the sleep technology company Nolah Mattress. "One of the most pervasive culprits when it comes to employees quitting their jobs is a total lack of recognition, appreciation, and positive reinforcement. This number is even higher for Millenials: 8 in 10 stated that they would look for new opportunities if their leaders and colleagues did not appreciate them. They aren't appreciatedĪn Office Team study showed that 66% of employees would quit if they weren't valued. An inherent motivation to grow - and a built-in reward system. Thanks to tangible career ladders with small, attainable steps, there's always something to work towards. It's all about the overall perspective and direction that you give your people.Įspecially companies like Google and Apple, such with high levels of retention, have perfected this: "They have highly gamified career development processes, optimized to retain their workers as long as possible." Offering training opportunities and access to course libraries here is only one (small) aspect: a course itself won't get you anywhere. Plus, in too many cases it's considered a smart move to change companies to step up the career ladder. IIf people feel that they've reached a dead end, they will feel less engaged and motivated to come in and give their best every day.
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