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Topic: Is long-term employee retention a losing battle? - page 3. (Read 1675 times)

member
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To become a company that can survive and more advanced, it is needed loyal employees, but temptations with a better salary will certainly make employees feel like going out soon, this is the importance that the company must always follow the latest salary development so that it can provide salaries that make employees survive.
hero member
Activity: 3066
Merit: 629
Vave.com - Crypto Casino
The ease of applying for an online application makes anyone will try new things that are getting a job that suits his dreams, I also often submit applications and sometimes I also follow the next stage such as interviews and so on, sometimes looking for the best is our hope.
It's hard to apply nowadays if you're just on your own, you haven't built connections and networks and this is a problem for those loners. But still, talent and skill beat that.
The situation that everyone got in had put pressure and uncertainty that this world, we don't know what may happen next and if the worst is yet to come. The same for employment we'd really never know if the company where you're staying it might be bankrupt soon or have a %+ YTD.

It is a risk but it can be worth to take, there are different opinions regarding an online application though taking the risk may change your life since there are many successful stories that you will hear about it.

Same with your opinions regarding to no assurance. Even the company you are into for a
long time can guarantee that they will stay at positive, especially now that the economy is
still in its surviving stage. A case to case and with different outcomes.
Risk is there no matter what we choose to do. Even in employment, the pandemic just proved that, and the same with those companies that are near where war is happening.
You just can't be sure about anything right now and that's why you have to choose properly if you want to get employed in a company, and you should have no regrets about doing it. Love to work for that company and you're liking the job that you have and that's why you're applying hard.
But still remember that there's no permanent on it whether they call you regular, they can always do a lay off.
hero member
Activity: 2282
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The ease of applying for an online application makes anyone will try new things that are getting a job that suits his dreams, I also often submit applications and sometimes I also follow the next stage such as interviews and so on, sometimes looking for the best is our hope.
Indeed, this is something good, but on the other hand, when doing something like that, it means that you are completely ready to leave your job completely, and of course there must be a reason behind it.
When looking for something new, of course, there must be something more that must be obtained, such as excess salary or maybe in terms of distance and a more decent job, but when things like that don't exist, why do we change the old job and switch if the conditions are still the same.
legendary
Activity: 2982
Merit: 1028
The ease of applying for an online application makes anyone will try new things that are getting a job that suits his dreams, I also often submit applications and sometimes I also follow the next stage such as interviews and so on, sometimes looking for the best is our hope.
It's hard to apply nowadays if you're just on your own, you haven't built connections and networks and this is a problem for those loners. But still, talent and skill beat that.
The situation that everyone got in had put pressure and uncertainty that this world, we don't know what may happen next and if the worst is yet to come. The same for employment we'd really never know if the company where you're staying it might be bankrupt soon or have a %+ YTD.

It is a risk but it can be worth to take, there are different opinions regarding an online application though taking the risk may change your life since there are many successful stories that you will hear about it.

Same with your opinions regarding to no assurance. Even the company you are into for a
long time can guarantee that they will stay at positive, especially now that the economy is
still in its surviving stage. A case to case and with different outcomes.
hero member
Activity: 2114
Merit: 619
Reading this article, I couldn't help but wonder about a lot of things that have gone wrong and is going wrong in companies. Some of these companies are know that employees leaving are a problem and are making efforts to fix it while other who know, ,amy have chosen to ignore it.
Below are some important points highlighted in the article.

According to the report, more than 6.5 million people (20% of the U.K. workforce) are expected to quit their job in the next 12 months, according to estimates from the Charted Institute of Personnel and Development (CIPD), which published the data in June after surveying more than 6,000 workers. That’s up from 2021, when 16% of the U.K. workforce said they plan to quit within a year, according to the CIPD. Meanwhile, in March Microsoft’s global Work Trend Index found that 52% of Gen Zers and Millennials — the two generations that represent the vast majority of the workforce — were likely to consider changing jobs within the following year.

Data do not lie. If these companies do not want to keep losing this battle they have to start caring about their employees. They have to treat their employees great. In this day and age companies need to start to try to be human and actually care about what their employees care about or at least putting it on the same pedestal with the degree at which the company cares about making profit. We need new generational leaders who are high on emotional intelligence.

What do you think? Are companies losing the battle for long term employee retention?
I think the traditional thinking of employees has now changed altogether, the employees of today don't want to focus on such petty things such as sticking to a single company, their needs and wants are quite diverse now and only money, stability and reputation are no more the pillars of these wants, companies also have realized this and that is why are not able to satisfy every individual based on his specific wants. Also I feel even companies now have accepted the fact that they will always be able to retain only a few employees out of all so they have made their existing employees extremely flexible with knowledge on diverse things and no more restricted to just one thing that they do so that no employee is irreplaceable.
hero member
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Vave.com - Crypto Casino
The ease of applying for an online application makes anyone will try new things that are getting a job that suits his dreams, I also often submit applications and sometimes I also follow the next stage such as interviews and so on, sometimes looking for the best is our hope.
It's hard to apply nowadays if you're just on your own, you haven't built connections and networks and this is a problem for those loners. But still, talent and skill beat that.
The situation that everyone got in had put pressure and uncertainty that this world, we don't know what may happen next and if the worst is yet to come. The same for employment we'd really never know if the company where you're staying it might be bankrupt soon or have a %+ YTD.
hero member
Activity: 1708
Merit: 566
Leading Crypto Sports Betting & Casino Platform
Long-term employee retention is not a losing battle if the company knows how the treat people, it's part of the corporate culture, and as long as bureaucracy and policy isn't opposite of these. 

I think this depends on the situation, when the company can make employees comfortable then he can survive, sometimes companies that have gotten big profits but are stingy and do not want to give annual bonuses to employees, and the company is too fast to give discounts if making mistakes and things like this that will be make employees looking for other places.
The first thing an employee should know is the rules of a company before he works in it. Because it would not be very logical and ethical if an employee had to blame the company just because he was not given a bonus at the end of the year.

And if this bonus is not written in the work rules of each employee, then the company has the right not to give bonuses to the employee even though it could be very good if it is indeed given to each employee as a plus or to appreciate their work that has reached the target set by the company.
Yes, that's right, it will definitely be notified to employees and also stated in the work contract. When employees sign the contract given by the company, it means they fully agree with what is stated, even though they only receive a salary without any additional bonuses from what has been done even though they reach the target or even better than what was targeted. However, there may be flexible companies which of course can be said to be good by giving bonuses even though it is not in their employment contracts. This depends on company policy, of course. But of course the thing that makes an employee comfortable is the company's policy that can be said to improve the welfare of its employees.
I have experience with this, where I once worked in a company that was demanding, but if my job was satisfying they didn't consider it and only saw when the employee made a mistake. Honestly it makes me not at all comfortable.
member
Activity: 364
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Pawsome
The ease of applying for an online application makes anyone will try new things that are getting a job that suits his dreams, I also often submit applications and sometimes I also follow the next stage such as interviews and so on, sometimes looking for the best is our hope.
legendary
Activity: 2086
Merit: 1058
Data do not lie. If these companies do not want to keep losing this battle they have to start caring about their employees. They have to treat their employees great. In this day and age companies need to start to try to be human and actually care about what their employees care about or at least putting it on the same pedestal with the degree at which the company cares about making profit. We need new generational leaders who are high on emotional intelligence.

What do you think? Are companies losing the battle for long term employee retention?
As someone who has been working with my boss close to a decade now, I can tell you that it is not, it is definitely not. If you actually pay good money to your workers, and let them do their job the way they can, then you will make a profit and they will make a profit and they will stay.

I do not think that I can do this job for another 50 years, both the technology will evolve beyond that and I will probably be dead, but assuming that I could, I would work the same job for another 50 years, or however long I can, I will NEVER quit this job no matter what happens in my life. I may take a break if I ever get seriously sick, even if I ever get into coma, I would wake up and ask my boss to come back to work. It is all about the boss, if the boss is good, worker will always stay.
hero member
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Long-term employee retention is not a losing battle if the company knows how the treat people, it's part of the corporate culture, and as long as bureaucracy and policy isn't opposite of these. 

I think this depends on the situation, when the company can make employees comfortable then he can survive, sometimes companies that have gotten big profits but are stingy and do not want to give annual bonuses to employees, and the company is too fast to give discounts if making mistakes and things like this that will be make employees looking for other places.
The first thing an employee should know is the rules of a company before he works in it. Because it would not be very logical and ethical if an employee had to blame the company just because he was not given a bonus at the end of the year.

And if this bonus is not written in the work rules of each employee, then the company has the right not to give bonuses to the employee even though it could be very good if it is indeed given to each employee as a plus or to appreciate their work that has reached the target set by the company.
Its impossible that you wont really be able to know about those bonuses and other perks as an employee which is really could be known on the time that you sign up with contracts or company agreements.
You would be told whether you would be having that 13th month pay or whatsoever bonuses that a certain company could have.Well, there might be some alterations or change up of decisions
mid-way but as an employee then you dont have the rights on asking or bragging that you should really be recieving those amounts.They are the ones who are
running off a business and they are the ones who would decide whether its worth on giving some plus or not.
hero member
Activity: 2576
Merit: 579
Long-term employee retention is not a losing battle if the company knows how the treat people, it's part of the corporate culture, and as long as bureaucracy and policy isn't opposite of these. 

I think this depends on the situation, when the company can make employees comfortable then he can survive, sometimes companies that have gotten big profits but are stingy and do not want to give annual bonuses to employees, and the company is too fast to give discounts if making mistakes and things like this that will be make employees looking for other places.
The first thing an employee should know is the rules of a company before he works in it. Because it would not be very logical and ethical if an employee had to blame the company just because he was not given a bonus at the end of the year.

And if this bonus is not written in the work rules of each employee, then the company has the right not to give bonuses to the employee even though it could be very good if it is indeed given to each employee as a plus or to appreciate their work that has reached the target set by the company.
hero member
Activity: 2282
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It’s just sad reality that you are so loyal to the company but yet you have experienced getting a pay raise. I know how it feels even for home-based virtual assistants. I knew some guys who have been working with certain companies for years but never treated fairly in both relationship and compensation. So they quit and find successful greener pastures.

As employers, they must know how to win with their employees. Instead of letting them feel about working for the boss, they should work “with” the boss. And the employer must set a good example by being a down to earth person, always open minded and willing to help and guide the employee with their problems.

The longest that I have with a company was 2 years and 4 months. I just remained a good relationship with them despite not really getting a pay raise. They treated me very well that time. Because of the “bear” situation and economy is dwindling, they had to make a hard decision to cut me off and I understand. I just wanted to have at least one stable income source, and at least I do.

I’m blessed in many ways because of my numerous side gigs where my services are greatly needed.

 
sr. member
Activity: 686
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Reading this article, I couldn't help but wonder about a lot of things that have gone wrong and is going wrong in companies. Some of these companies are know that employees leaving are a problem and are making efforts to fix it while other who know, ,amy have chosen to ignore it.
Below are some important points highlighted in the article.

According to the report, more than 6.5 million people (20% of the U.K. workforce) are expected to quit their job in the next 12 months, according to estimates from the Charted Institute of Personnel and Development (CIPD), which published the data in June after surveying more than 6,000 workers. That’s up from 2021, when 16% of the U.K. workforce said they plan to quit within a year, according to the CIPD. Meanwhile, in March Microsoft’s global Work Trend Index found that 52% of Gen Zers and Millennials — the two generations that represent the vast majority of the workforce — were likely to consider changing jobs within the following year.

Data do not lie. If these companies do not want to keep losing this battle they have to start caring about their employees. They have to treat their employees great. In this day and age companies need to start to try to be human and actually care about what their employees care about or at least putting it on the same pedestal with the degree at which the company cares about making profit. We need new generational leaders who are high on emotional intelligence.

What do you think? Are companies losing the battle for long term employee retention?


Unfavorable work environment is the main reason people leave a work place. Most people feel is the pay but its not. Yea, the salary structure might be an issue too but there are many more reasons. At the moment, employers are losing the battle because they have been unable to identify what the problem is. Maybe they are too arrogant to notice. There are many opportunities out there these days especially for tech savvy folks so people don't want to work in a place where their mental head is not taken into consideration or a place where they're not valued. In some firms it may be lack of promotion. People stay in a firm for a long period of time without receiving promotion or an increased salary

I applied for a marketing position with a bank about two years ago. I got a call from them for an interview. At the interview I was given a very ridiculous target to achieve in a month. Even the best marketers would find it outrageous but that's not the worst part. The worst part is I had a probation period of 3 months and if after 3 months I'm not able to meet the target I was to leave. Mind you, I'll be paid based on commission.  Their strategy works, I guess but not on me.
They take people that are desperate for a job, give them targets that they can't deliver and let them go after 3 months after gathering so much customers as possible for the firm.
copper member
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Depending on your industry, you will encounter this problem when you offer so much, and there needs to be considered employee benefits that could be worth working for. What do you think would happen if someone found a better-paying company?

Maybe there are reasons for them to stay, but it's most likely a thing where the employee is benefitting from them. Hopefully, it's going to be for the good of everything.
sr. member
Activity: 1358
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Long-term employee retention is not a losing battle if the company knows how the treat people, it's part of the corporate culture, and as long as bureaucracy and policy isn't opposite of these. 


I think this depends on the situation, when the company can make employees comfortable then he can survive, sometimes companies that have gotten big profits but are stingy and do not want to give annual bonuses to employees, and the company is too fast to give discounts if making mistakes and things like this that will be make employees looking for other places.
sr. member
Activity: 1526
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Many companies do not care about employee conditions, when employees get financial difficulties and try to owe but the company does not want to give debt, when there is a better opportunity or offer, the employee will soon be out, and of course the company is losing money because they have to train the employees who are again New and this certainly hinders the company's mission in the long term.
hero member
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The only formula to retain the employees is to genuinely care about them. The company policies should reflect this. Also, there are other factors involved like the role of each individual I  the company should be well defined. Then only there can be good reporting and you can expect the employee to be content with his work also. If the employees get bonus and extra pay for extra work, they will feel that the company cares about them. The employer should also keep communicating with employees frequently.

True, when the company sees the potential and good work of employees, the company's strategy is to maintain the employee, I work in the HRD section and there is a special part that observes employee performance, if the employee's assessment is good, it will get an additional bonus, vacation with family, and Many other bonuses so that the employee can survive.
This should be the standard but believe it or not many companies never do this, if you are an excellent employee many companies just assume that they are already paying you enough and there is no need to give you any kind of bonus, and when this continues for months or even years people realize that no matter how good is their performance they will not get more money, so they either look for another job with a better pay or begin to slack off.
sr. member
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The only formula to retain the employees is to genuinely care about them. The company policies should reflect this. Also, there are other factors involved like the role of each individual I  the company should be well defined. Then only there can be good reporting and you can expect the employee to be content with his work also. If the employees get bonus and extra pay for extra work, they will feel that the company cares about them. The employer should also keep communicating with employees frequently.

True, when the company sees the potential and good work of employees, the company's strategy is to maintain the employee, I work in the HRD section and there is a special part that observes employee performance, if the employee's assessment is good, it will get an additional bonus, vacation with family, and Many other bonuses so that the employee can survive.
hero member
Activity: 3010
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The only formula to retain the employees is to genuinely care about them. The company policies should reflect this. Also, there are other factors involved like the role of each individual I  the company should be well defined. Then only there can be good reporting and you can expect the employee to be content with his work also. If the employees get bonus and extra pay for extra work, they will feel that the company cares about them. The employer should also keep communicating with employees frequently.
And since that is not happening then it is no wonder why the retention of employees long term is a losing battle, another important point is that now employers look for people with all kind of skills and years of experience already, and if you spend most of your life doing something then it will be more difficult to find a job as you will be limited on the kind of work you can do, so people already realized this and they take different jobs with different skill requirements so they can gain the experience needed, which causes employee turnover to increase even further.
What are your options or choices, actually?

When you do retain on a certain work for a long time then of course you would really be having that expertise and on the time that you've been laid off or have been fired then for sure you would be finding up

jobs which would really be correlated on the job that you do have before or simply sticking with your skill set and we know that not all would be having that multiple skills and expertise.
We know that competition is really high which there's no way that we could really be easily get some job once we do get fired or laid off. This is why its always been smart on making
yourself do really explore and learn up new skills even if you are still having your day job.

Survival is what we do really mind the most and it is really just normal that we would be finding up ways in advanced.
hero member
Activity: 2884
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I am terrible at Fantasy Football!!!
The only formula to retain the employees is to genuinely care about them. The company policies should reflect this. Also, there are other factors involved like the role of each individual I  the company should be well defined. Then only there can be good reporting and you can expect the employee to be content with his work also. If the employees get bonus and extra pay for extra work, they will feel that the company cares about them. The employer should also keep communicating with employees frequently.
And since that is not happening then it is no wonder why the retention of employees long term is a losing battle, another important point is that now employers look for people with all kind of skills and years of experience already, and if you spend most of your life doing something then it will be more difficult to find a job as you will be limited on the kind of work you can do, so people already realized this and they take different jobs with different skill requirements so they can gain the experience needed, which causes employee turnover to increase even further.
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