If your company is not careful, top-notch employees can take their skills to a company that provides them with a better experience, benefits, and atmosphere.
Connexis Search Group places over 100 candidates annually in industries such as life sciences, molecular diagnostics, CLIA Laboratories, and Medical Devices. Here are the top 4 reasons candidates change jobs.
1. Recognition & Compensation
It seems like it’s on every list of keeping people, but it rings true every time. Of course, the top talent will require attractive compensation to draw them in, but if they perform well and are never recognized, it can turn the relationship sour.
When your talent helps the company excel and aren’t recognized or praised, or worse, see their manager or superior praised for work that a research team did; things go south fast. Don’t forget that compensation doesn’t have to be monetary. It can be increased work-life balance.
2. Conflicts With Managers Or Management Styles
We’ve all had a bad manager—someone who micromanages or has a destructive dynamic with the rest of the team. Poor leadership is one of the most commonly cited reasons for discontinuing employment with a given organization. It takes its toll on team morale and can create a hostile work environment fueled by confusion, miscommunication, and chaos.
The lack of autonomy and empowerment that bad or ineffective management causes can seriously hinder the organization's performance on a far-reaching scale. If one team or department can’t be effectively managed, it places proxy stressors on all adjacent.
3. The Position Interviewed For Was Significantly Different From The Job Description
Making people feel like they have been deceived is one of the fastest ways to lose their trust permanently. If you set a description for a position, then significantly change the terms of the job, the pay offered, and the responsibilities involved before or during the interview, you have deceived your applicants.
Don't fudge the numbers if you cannot offer the payor benefits you think will make you competitive. At worst, it will waste valuable time on your end and the applicant’s, and there could be legal implications.
4. Poor Growth Opportunities Leading To Inability To Advance And Loss Of Confidence In The Organization
The goals of nearly every employee are to firstly achieve their personal and professional goals in both the short-term and the long, helping their hiring organization grow by being the successful, productive, and effective hire they sold themselves as. This means that your talent will, by default, need room to grow and advance within the company.
This can be a formal promotion, increased responsibility, or importance concerning the company's internal dynamics. However, if they feel like stagnating, they will grow frustrated, and their loyalty can begin to wander. Make sure that your team always feels like they are valued with tangible benefits included.
Conclusion
By leveraging placement services such as these, you can be sure that you are attracting the top talent in your field and giving them every incentive possible to stay. The biotech and life sciences are highly dependent on brilliant minds and innovators. You cannot afford to let the best of the best slip away. This field has never been bigger, and your organization will have the ultimate edge by obtaining and retaining the best talent you can.
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