Disgruntled employees are on the rise, but what is the cause? The article, Wait for the job market to recover? Some workers can’t, raises some sincere issues that a lot of employees are having. Employees are overworked, underpaid, employee morale is at an all-time low, employees who are being promoted aren’t making as much as their predecessor, etc. There are lots of things going on out there, but why? My assessment, through watching the job market, reading just about everything I can get my hands on, and through common sense, is that employers are downsizing jobs (even if it is just not filling a position if someone leaves the company), they are giving those job responsibilities to others (on top of their already slammed workloads), and they aren’t giving the raises / promotions like they used to. Employers need to realize that while their bottom line is suffering, so are their employees.
The article goes on to say:
“It’s not absolutely about salary and pay that drives turnover,” she explained. “What does drive it is the fairness of actions, of pay, and how decisions are made; whether workers feel listened to or get a voice; and how the work gets done. Fairness, justice is pretty critical.”
In addition, employers need to take more of a proactive approach vs. reactive approach to low employee morale, such as offering and explaining the business reasons behind their business decisions (i.e. salary freezes, furloughs, layoffs, salary cuts, etc.). If your employees don’t understand the reasons behind these business decisions, they will be more likely to jump ship sooner. Keep your employees in the loop and they will be more likely to support you through the hurting economic times we are all experiencing right now.
Does your company have high turnover rates? If so, has your company put anything into place to retain employees?