Ameet Parekh Review | WHY DO EMPLOYEES LEAVE

 

Good afternoon everyone and welcome to the next episode of business on chai.

 As usual Ameet Parekh will discuss something that will help you build a more profitable and scalable business.

 And today we will talk about something that is a pain in almost all business owner’s life

 People Come And Then They Leave

 And you are hung out for dry

 And we will try to understand why that happens

 So Here Are The Top Reasons Why People Leave From Any Business

 

#1) Handling Too Many Responsibilities

 now here is one of the big reasons why people leave

 because they are given too many responsibilities to take care of

 now I know this is something many of us have been told that you should be good at multitasking but when it comes to professional tasks

 Any Employee Handling More Than 4 Responsibilities Will Always Lead To Disaster in Their Job Role

 and this is one of the big reasons why people want to get out of jobs when they are held accountable to more than 4 tasks

 so, a Mastery Tip Would Be Do Not Give More Than 4 Responsibilities To An Employee In Any Job Role

 

#2) Do Not See Personal Growth

 Today people do not come to work for money or roti or kapda or makan

 This has been taken care by their ancestors

 They come to work for lifestyle, for personal growth, for better responsibilities

 The Moment An Employee Feels The Work They Are Handling Is No Longer Contributing To Their Personal Growth As An Individual, They Will Think Of Leaving

 Because there nothing that is challenging them to perform better

 Or to feel they have achieved something

 This doesn’t mean you give them herculean task that they can never complete

 But a Mastery Tip Would Be- Every Employee Should Be Allotted Tasks And Responsibilities That Makes Them Feel They Are Learning Something New And Growing

 

#3) They Do Not Feel Appreciated or Credited for Their Contribution 

 This is another critical factor that drives attrition in organizations

 Every one ofus As Human Beings Desire Appreciation For Our Efforts

 We want others to appreciate us & give us credit when we do something good

 But unfortunately, in most corporate and business culture people more often told what they did wrong and rarely appreciated for what all they are doing right

 And this is a big Internal reason that leads people to leave an organization

 Mastery Tip: Create Systems To Recognize And Reward Hard Work & Sincere Efforts Of Your Team To Give Them A Feel That You Or The Company Appreciates Them For What They Are Doing

 

#4) Feeling of Underpaid & Overworked

 Now This Is Another Critical Factor That Leads To Numerous Good Employees Leaving Businesses

 They work hard

 They produce results

But they are not paid well

 The company culture is right, they feel appreciated which why they are still working but

 In the long run if you do not pay, your Aplayers well

 Instead of focusing on producing results for you they will focus on the next job that can pay them well for what they do 

 Now I am not saying you pay them whatever they ask

 Mastery Tip: Create a Career Growth Path for Them

 Keep it crystal clear on what action or results will lead them to next level of financial growth in the organization

 

#5) Work for a Boss Not with a Leader

 This Is One Of The Biggest Reasons Why Most People Leave Organizations

 Nobody Likes To Work For A Boss, Who Tells Them What to Do & What Not To Do

 Now what are the attributes of a boss:

 Who comes around tells them what to do & micromanages each and every aspect of the job

 Makes them feel they are not good at their job by constantly being critical of their work

 Doesn’t supports them from the front or on the ground

 Never gives them credit for their hard work & results

 Doesn’t takes an effort to know their own people

 Is always transactional in behavior

 Doesn’t stands up for them when the time comes

 While a Leader:

 Makes the person come up with what should they be doing

 Always appreciates their hard work & gives constructive feedback in when they go wrong

 If need be, comes and supports the team on the ground

 Gives them credit & appreciation for their results

 Takes effort to know the people working with him/her

 Goes above and beyond the general rules of engagement in a work environment to help, support & lead their people

 

If as a business owner, you can avoid these 5 major mistakes

 You will always have an efficient & committed team who will move earth and moon to drive results for the company

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