With how difficult job-hunting is today, either in a traditional or online job, you’d think employee retention would be easy.
Surprisingly, employee turnover is also pretty high right now. So much so that people refer to this phenomenon as the great resignation.
There are many reasons why employees leave their job. Some leave because another company offered a better deal. Others resigned because they found it hard to work with their current employer.
So, what motivates employees like you and me to stay with their current companies? To answer this, here are seven possible factors behind why employees stay loyal to one company.
The Money You Recieve From Your Job.
One of the main factors why employees stay is because their job pays well.
Of course, money isn’t the only reason. But if we didn’t need to pay our bills, we all would be working our dream jobs, right?
Unfortunately, reality is often very disappointing. With how expensive essential commodities are today due to inflation, we need all the sources of income we can get.
That is why even though our current jobs aren’t our dream jobs, we stick to them. So long as our salaries pay the bills, why leave?
However, our present salary isn’t always enough for our needs tomorrow. Hence, a company that provides annual salary increases to deserving employees provides a good incentive for employees to stay with them.
The Benefits That Come With the Job.
Besides our salary, we also consider the benefits our jobs provide. Does our job provide group insurance? What about paid leaves?
In this period of uncertainty, we want to be as secure as possible. Having good benefits is another reason why employees stay in their current companies.
Knowing that your company cares (or at least shows that they care) about your well-being can motivate you to stay and work hard for them.
They Feel Valued Within the Company.
Another factor that helps improve employee job satisfaction is knowing that their employers recognize and appreciate their efforts.
Let’s be honest. No matter how humble we are, we also want to be praised and rewarded for a job well done from time to time. Doing this tells us that we’re not just replaceable cogs in the company’s machine.
And it doesn’t even need to be something grand, either. A simple congratulations for a successful group project or acknowledgment for our efforts is a great morale booster.
There are Plenty of Opportunities for Growth Within the Company.
Having a good salary is nice and all. And being recognized for your efforts feels nice. But what employees also want are opportunities to grow and further hone their skills.
Having these prevents your skills from stagnating and leaving you feeling like you’ve accomplished nothing at work. Even if the work is hard, if you feel like your career is growing while you work, you’ll be motivated to stay.
There are two ways that your company can provide growth opportunities to you. Either they give organization-based development, such as giving deserving employees a path to promotion and moving up the career ladder.
Or, they can support your personal development by providing seminars, workshops, and other means to hone your skills and learn new ones.
Employees Are Given Responsibilities They Can Handle.
Nobody likes working on a task below or over your skill level.
If you have expert-level skills in web development, for example, you wouldn’t want to be doing entry-level assignments, right? Likewise, if you’re just starting out as a content writer, you don’t want to immediately take on an expert-level task.
In addition, nobody also wants to work on an assignment outside their job description. Sure, once or twice it’s okay. But if it’s already become part of your regular assignments, it becomes a problem.
For employees, the kind of responsibilities they’ll get and how aligned they are to their skills are crucial in making them stay in the company. If we don’t like what we’re doing, we’re less likely to leave when a better opportunity comes along.
They Mesh Well With Their Co-workers.
A company’s work culture plays a significant part in why employees stay in one company. After all, no amount of money, benefits, or position can make us stay if we don’t like the people we’re working with.
Even if you’re working via online jobs, none of us wants to work with obnoxious and/or unreliable teammates.
However, if your teammates make you feel welcome at work, constantly have your back, and are fun to be with, you’ll never want to leave.
Their Companies Offer A Flexible Work Schedule.
For many workers today, remote work has become their primary means of doing their job/s. And they like working from this setup so much that they are considering leaving their current jobs if they don’t offer a flexible work schedule.
And who could blame them? Online jobs at home allow you to have control of your schedule, so you can adjust depending on your needs.
Did you accomplish your work early today? Congratulations. Now you have a lot of free time – unless, of course, you need to attend a meeting later in your shift.
Employers know this is a great way to increase employee retention. That’s why many companies nowadays entice their current employees to remain with them by promising a permanent flexible schedule.
As you can see from the points above, there are plenty of reasons employees stay in one company. For many workers, it’s their paychecks that motivate them to stay.
For some, however, it’s the camaraderie they’ve found with their co-workers. And for others, it’s because their jobs are an opportunity for them to climb the corporate ladder and achieve their career goals.
Whatever our reasons, they motivate us to keep working, no matter how difficult our work may get.
If you’re looking for a company worth staying with, Remote Staff is here to help. We ensure that our partner companies provide a welcoming and supportive work environment for their remote employees.
Just head to our jobs list and see which of our many available positions you’d like to apply for. Good luck!