There is no crystal ball, but there is a flowchart
Ever wish you had a crystal ball that could tell you whether you should quit your job or stay working where you are? Everyone has those days when they wish they worked somewhere else, but when you’re really serious about making the change, you have to weigh your decision carefully.
The BBC put together a flowchart (below) that helps you work through the process of analyzing your choices. Even if you aren’t thinking about changing your job, small business owners who have employees should pay attention. You’ll get some great information about keeping employees or letting them go.
Tongue-in-cheek, the flowchart makes the suggestion that if your boss sent you to the link, you probably should go. Enjoy the humor, then move on to the more serious application. Whether you have a job offer or want to start the search, you can follow the flowchart and get the steps to take to figure out what to do. You might be advised to stick it out and get six month of savings to follow your heart, or maybe talk to your employer about a raise and new benefits. It’s no crystal ball, but it certainly gives you some thoughtful questions to help you make a decision.
How to keep your employees happy
Business owners should understand the process their employees go through when making the decision to leave. Make sure that you understand that 88 percent of people leave their job for something other than money. If you have an employee who comes to you about new opportunities or more money, they may be unhappy. How you approach the situation will determine what kind of productivity you get out of your staff member. An unhappy employee does not put their best work forward.
If you want to keep them, you need to make changes. If not, maybe it’s best to start looking for their replacement. According to the flowchart, 80 percent of those who accept a counteroffer leave within a year. Unfortunately, only around 36 percent of employees have a high intent to stay in their job once they start thinking about leaving.