I quit! Of course you have heard these two words before from either your friends, coworkers, or even a stranger who happened to pass by. So why is it that people call it quits? I mean after all, no one wants to stop earning income when there are bills that need to be paid for. The only exception is if the company laid or fires them, then that is a different story. But, what we are concerned here is why employees voluntarily quit their jobs when they know that there are plenty of those unemployed that are willing to accept what they’re doing?
Experts have conducted many studies on this and have come up with lots of theories as to why someone will just call it quits. But, studies are conducted from a set of population and that set of population cannot represent the entire population as a whole. The most common answer is demotivation at work. What constitutes demotivation? There could be glass ceiling effect in place where you are limited from a promotion due to gender, politics, and etc, poor work/life balance, poor management, lack of training with tight deadlines, and the lack of meaningful work. I believe the primary problem is the team environment. If the team is very supportive and actually functions like a dedicated team, then chances are you will be content with your job. On the contrary, if the team is hostile and everyone is competing with each for that promotion and that no members are being supportive, then the likelihood of calling it quits is exponentially higher. It is difficult to say whether it is the company’s fault or the individual’s fault. Of course, there are those individuals who voluntarily quit for another more challenging and rewarding job. But why is it that these employees didn’t find their job challenging or rewarding?
It all comes down to management and company politics. Surely, every company has its own policies and procedures for certain things but ultimately management plays a big play into why turnover rates are so high. It is not really about which company you work for but more so about for which manager do you work for. A great manager is one who is supportive and gives opportunities for its workers to learn and develop new skills so that they can feel proud with accomplishments at the end of their day. This is what motivates them to keep going. Also, managers should ensure that all employees are critical to the team so that they feel important to the team. It is when that one individual who feels left out and feels no support who calls it quits. Management style and accountability are another issue. Managers should use constructive feedback to encourage employees to learn from their mistakes so they don’t repeat it again rather than using a manager’s tone of voice and disrespecting the employee. Managers need to be wary the feedback that he/she gets from the employees so that proper actions can be taken to resolve any conflict on the spot. Far too many employees build up distrust and discouragement due to unresolved problems.
A big factor is recognition. It is important that managers acknowledged the contributors of the task and/or project. Everyone deserves to be recognized for their great efforts and not one person taking all the credit. One thing that can help managers to easily overcome this is by simple observe. Managers can observe the atmosphere during their breaks to see who is really working and who is just leeching. Politics on the other hand can be trouble because it is not up to the manager to deal with but the entire upper management team but, managers should still be open about their opinions and ideas. As long as the employee sees that his/her manager is sincere about them, the trust and likelihood of staying within the company is higher.
It really hurts the company when individuals call it quits because they are letting go of the employee who had taken the time to learn the skills just to let a competing company utilize their expertise. Students who will be future managers will need to understand quantitative analysis completely in order to succeed in their roles. Probability is a big factor and interpreting datasets to make sound decisions is another. As a leader of the team, team spirit can only be high if the project that the team has completed was excellent. Students must ensure that they pass their Statistics course and understand the underlying concepts behind them in order to apply them in the real workforce.
First Class Assignment can help students tackle hard statistics assignments. Our Statisticians are all PhDs with numerous years of experience. We have helped many students achieve top grades on their statistics assignment and this really boosted the student’s confidence and knowledge.