6 reasons why employees quit & proactive steps management should take

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Summary

It can cost tens of thousands of dollars or even surpass an employee’s salary to replace them, according to HuffPost contributor Jack Altman, CEO of Lattice, a performance management software company. Prevention: Effective management includes listening to employees’ career goals and providing ways for them to pursue new learning and advancement. Prevention: An employer that regularly and clearly communicates the corporate vision and goals and is transparent about the numbers builds confidence in their staff. Prevention: Updating tech might be expensive, but it usually costs less than replacing an employee with someone who will most likely become just as frustrated when they, in turn, are expected to work with those same outdated tools. Sometimes a good fit goes bad when an employee who has demonstrated skill in their field is promoted to a supervisory role only to have it become obvious that their strengths do not include management.

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