Dear friend,
This is the period of transition from the old year to the new year. It is also the time when personnel changes are most frequent. Many people choose to change jobs at the end of the year. Others decide to wait until they receive their Tet bonus before resigning. As a result, this is a challenging period for businesses, especially HR departments, which must find ways to retain talent. Common reasons employees leave include:
- The manager is not good enough
- The salary is not high enough
- Colleagues are not friendly enough
- There are not enough opportunities for development
- And many other external reasons…
Although the reasons for leaving differ from person to person, they are generally due to the company failing to meet employees' motivational needs. Knowing why employees leave is very important, especially when the company learns this early. With early awareness, we can take various measures to increase motivation and help employees remain more committed to the company.
For example, people who work primarily for money may not be satisfied with a promotion if their salary remains below the market average. For those who value the work environment, no matter how high the salary is, they cannot be retained if their colleagues and managers are unpleasant. Therefore, a company must clearly identify each individual's motivation before deciding on an appropriate course of action.
Some people want to feel that they are important to the company, so we can recognize and reward them when they achieve something. For employees who work to learn, providing additional training may be more important than anything else.
Overall, a company needs to clearly identify what motivates its employees in order to provide the right encouragement. This is also a thoughtful way to care for your people. Don't we all enjoy having someone understand us—someone who knows what we like and gives us a gift that suits us without having to ask directly? At work, everyone needs this kind of thoughtful attention. If a business takes the time to pay attention, it can help ensure that employees remain enthusiastic about their work, thereby reducing turnover.
VienQuest Institute is pleased to introduce a series of articles on motivational needs designed to help businesses retain employees and reduce turnover, published at 9:00 p.m. every Monday, Wednesday, and Friday. We warmly invite everyone to follow the series.
Content Team, VienQuest Institute
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