Written by Laura Smyth, Director at Top Tier Recruitment. Top Tier Recruitment is a specialist Recruitment Consultancy servicing a blue-chip domestic and international client base across Finance and FinTech.
6 Ways to Prevent a SHOCK Resignation!
1 - Give Regular Feedback
Giving your employee feedback at their annual review just does not cut it. Think of a professional Football player - they get feedback after every match. It is important to give feedback on a weekly basis.
2 - Ensure Your Employee Knows what is Expected
Perhaps they just do not know what is expected from them or maybe they have a lack of understanding of their role? This reinforces the importance of your weekly feedback meetings.
3 - Implement Career Progression
Do you understand your employees career goals and are they aware of the opportunities open to them? One of the top reasons people leave today is because they found a company who has a defined career path.
4 - Your Employee needs to feel Appreciated and Recognised
Your role as a leader is to support and elevate your employee. A simple acknowledgment is often all it takes.
5 - How is their relationship with their Direct Line Manager
There are many studies which show a huge number of employees left a company due to a bad relationship with their boss. There is a huge correlation between this and their performance. When the bad relationship is echoed throughout the office the manager may well be the bad hire. Personality mismatches do occur - the employee might be better off moving to another team.
6 - Promote a Work/Life Balance
Earlier, we wrote about how to achieve a work/life balance which can be accessed through the following link: 5 Ways to Achieve Work Life Balance.