Job-hopping is a career move whereby jobholders choose to switch jobs frequently. High staff turnover within a company can not only be damaging to a company’s reputation but also be costly for your business and negatively impact how your organisation operates.
To prevent high turnover and job hopping, you need to understand why your workers are leaving the business and make a conscious effort to make changes to prevent this from happening with your next hire. So, how can you retain your employees and avoid job hopping?
- Provide career growth opportunities
Jobholders tend to have a want for growth, and in order to be motivated to stay in a company, they need to know they have the opportunity to progress their career within the company or they will feel the need to seek work elsewhere. This demonstrates the importance of offering career mobility to your employees.
Similarly, you should consider offering job title transitions to keep your employees satisfied. After some time in the company, allow your staff to progress their job title to something more desirable. This change will encourage them to stay in your organisation rather than seek a new title elsewhere.
- Offer reward schemes
Thanking your employees for their hard work and accomplishments can lead to them feeling valued and content within their job role, which as a result will prevent them from job hopping. By offering perks for employees, such as reward and recognition schemes, you can keep your workforce feeling satisfied and retain them within the company for longer.
These perks can come in extrinsic and intrinsic forms such as offering a discount scheme or a non-physical reward such as praising the employee in the work group chat, to create an emotional response from the employee. Making these small gestures can have a big impact on their well-being and encourage them to stay in the company for longer.
- Enable flexibility
Enabling flexible work schedules aids in creating a better work-life balance, helping employees to feel happier in their job role due to these freedoms, and therefore less likely to leave the company. If they need to attend a medical appointment or pick their children up from school, they will have the ability to. In fact, a 2019 study showed nearly two-thirds of workers found themselves more productive outside of a traditional office due to fewer interruptions.
What’s excellent about flexibility is that it prevents workers from feeling burnt out because they aren’t stuck to a rigid working schedule, they have the freedom to work their life around their work schedule.
- Grant working from home days
Many organisations find that their staff are more fulfilled and even productive when given the choice to work from home for part of the week if they wish. Employees are more likely to feel valued by a company if they are shown to be trusted with the freedom of working from home. This will help to retain employees and create less employee turnover.
It is important to listen to the working pattern your staff want and offer them this. This will show your workers that you value them and as a result, they will be less likely to leave the company.