Many people dream of becoming entrepreneurs, and often the biggest...
Letting technology do the heavy lifting for certain monotonous tasks...
Accurate accounting is the bedrock of any successful...
Distinguishing between independent contractors (1099) and employees (W-2)...
July 19, 2021
Survey after survey suggest that an increasing number of employees are considering leaving their jobs. For example, in a June poll of more than 600 U.S. workers by employment website Monster.com , a whopping 95% of those surveyed were contemplating quitting their jobs.
Meanwhile, 3.95 million U.S. workers quit their jobs in April this year, the highest number in two decades, and another 3.6 million quit in May, according to the Labor Department’s Job Openings and Labor Turnover Summary.
Some HR experts are describing this widespread post-pandemic trend of job departures as “the great resignation.” But it is important to remember that employee turnover and retention have been always a concern for employers, regardless of the state of the economy.
And for good reason — job turnover can be costly, exasperating and time-consuming for employers. This is why managers and leaders should be aware when their valued employees could be mulling resignation.
But the big question is, how do you know? More often than not, there are signs and behaviors ranging from subtle to blatant that many employees close to quitting will exhibit. Here’s a list of telltale signs to look out for among your staff.
It doesn’t bode well if a reliable star employee suddenly becomes undependable or less productive. Another red flag is they seem mentally not present or disengaged.
After a while, you get familiar with a colleague’s habits, preferences, style and work ethic. Pay attention if you find any of these traits suddenly seem to change.
Someone who used to arrive early, leave late and volunteer for extra assignments but is now chronically tardy could be exhibiting signs that they are leaving. Maybe now they are doing the bare minimum, missing deadlines or calling in sick frequently.
An attitude of disengagement, such as an employee who is suddenly showing less enthusiasm and barely contributing during meetings also reflects someone on the verge of quitting.
A team member who used to do whatever it took — for example, staying late or taking work home — to meet the expectations of a manager or senior leader but who now seems disinterested is likely eyeing greener pastures.
This is one of the most common signs that indicate that someone is contemplating resignation. They become less accessible and communicate infrequently, possibly resorting mostly to email rather than in-person time to avoid being put on the spot. Since they are already moving on, they may simply not care to respond back at all.
Someone who has made the decision to move on from an organization will be less inclined to undertake a long-term project. Committing to such a task could prevent them from meeting their desired separation date. They will be trying to wrap up their duties so as to be free and clear.
Sometimes those exploring new opportunities do not hesitate to express their dissatisfaction with the current position and the workplace culture to their colleagues, managers or HR.
If your previously seemingly content employee is suddenly having issues and whining at the workplace, it’s a sign that something is amiss.
If you discover any of your employees have completed a degree or received a new license or certification you weren’t aware they were pursuing, it’s often a sign that they are making themselves more attractive for potential employers.
It is unlikely that someone would invest the time and money to upskill only to be stuck in their current position.
A team player once willing to spend serious time with workmates but who suddenly becomes less social or engaged in group activities could be a signal that it’s time for you to ask whether they’re thinking of leaving.
Since 2006, Escalon has helped thousands of startups alleviate the burden, freeing up resources to focus on core business areas activities with our back-office solutions for accounting, HR, payroll, insurance, and recruiting and taxes. Talk to an expert today.
Our team is made up of seasoned professionals who bring years of industry experience to the table. You gain a trusted advisor who understands your business inside out.
Say goodbye to the hassles of hiring, training and managing in-house finance teams. You will never have to worry about unexpected leave of absence or retraining new employees.
Whether you’re a small business or a global powerhouse, our solutions scale with your needs. We eliminate inefficiencies, reduce costs and help you focus on growing your business.
Accurate accounting is the bedrock of any successful business operation. Yet, medium-sized businesses—those that have grown beyond the small-business stage...
Distinguishing between independent contractors (1099) and employees (W-2) is a pivotal compliance matter for U.S. businesses. Misclassification can result in...
Spring symbolizes renewal, making it an apt metaphor for startups aiming to secure fresh capital to fuel their next growth...
Payroll is more than just issuing paychecks—it’s a complex, high-stakes process that can significantly impact employee satisfaction, legal compliance, and...
For startups seeking sustainable growth, every quarter provides a treasure trove of data—but Q2 data can be particularly revealing. By...
By the time Q2 rolls around, many startups have a clearer picture of their performance and market positioning compared to...
For many startups, the summer months can be a dual-edged sword. On one hand, warmer weather and looming vacations can...
Tax season often triggers stress and complexity—especially for startups laser-focused on building products, acquiring customers, and scaling operations. Yet savvy...
The halfway mark of any given year is more than just a date on the calendar; it’s a valuable checkpoint...