Why Employees Leave Organizations?
Published July 31st, 2007 in Management & CareersTags: change you job, Why Employees Leave Organizations.
Why Employees Leave Organizations?
The answer lies in one of the largest studies undertaken by the Gallup Organization.
The study surveyed over a million employees and 80,000 managers and was published in a book called “First Break All The Rules”. It came up with this surprising finding:
If you’re losing good people, look to their immediate boss. Immediate Boss is the reason people stay and thrive in an organization. And he’s the reason why people leave. When people leave they take knowledge, experience and contacts with them, straight to the competition.
“People leave managers not companies,” write the authors Marcus Buckingham and Curt Coffman.
Mostly manager drives people away? HR experts say that of all the abuses, employees find humiliation the most intolerable.
The first time, an employee may not leave, but a thought has been planted. The second time that thought gets strengthened. The third time, he looks for another job.
When people cannot retort openly in anger, they do so by passive aggression. By digging their heels in and slowing down. By doing only what they are told to do and no more. By omitting to give the boss crucial information. Dev says: “If you work for a jerk, you basically want to get him into trouble. You don’t have your heart and soul in the job.”
Different managers can stress out employees in different ways - by being too controlling, too suspicious, too pushy, too critical, but they forget that workers are not fixed assets, they are free agents. When this goes on too long, an employee will quit - often over a trivial issue.
Talented men leave. Dead wood doesn’t.
Jack Welch of GE once said. A company’s value lies “between the ears of its employees”.
change you job, Why Employees Leave Organizations
this is has to be one of the best blog post out of all that I have read….I agree with all the points that are mentioned above. I have experienced some of them myself.
Yes, great job.
Interesting indeed.
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J.P. Morgan Chase & Co. says it will modify the terms of $70 billion in troubled, mostly adjustable-rate mortgages it holds.
The New York bank inherited many of the loans as part of its September purchase of a failed competitor, Washington Mutual Inc. (NYSE:WM), and its move will cover as many as 400,000 borrowers. J.P. Morgan said Friday the borrowers will be moved into loans carrying lower interest rates, smaller principal amounts or other more-affordable terms, The Wall Street Journal reported.
The move came shortly after the bank received a $25 billion capital infusion from the U.S. Treasury’s program to strengthen financial institutions and get credit flowing.
“Our goal in doing this was to come up with something that we think will lead the industry in helping as much as possible on this issue,” said J.P. Morgan executive Charles Scharf.
John Taylor, chief executive of the National Community Reinvestment Coalition, said the action was “a gutsy move on their part. They are bending over backward to try to reach out to these people.”
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Yes, I do agree with the above thought we need to understand that good employees are an asset
for any organisation.We need to understand the above fact.
But bad managers do not understand this.They think that they are the only driving force behind any
success and rest are of little importance.
We need to preserve our human capital.