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Five reasons why people switch jobs

Long gone are the days of sticking to one career your whole life. The job market is bustling, and people
are jumping for better opportunities easier than ever. The concern is no longer that of losing your job,
it’s about keeping your staff. Companies are having an increasingly hard time holding on to talented
employees and making them happy because it’s not just about the paycheck or the big bad boss.
So, why do people leave the security of their current position and take a leap for potentially greener
pastures? Here are some of the main reasons.

1) Lack of opportunity for advancement

No, it’s not money. The main reason, according to multiple studies by, among others, LinkedIn,
Recruiting Daily and Ladders, is being stuck with no room for improvement. The paycheck can be good,
management can be excellent, but people are always looking for a challenge, a way to learn and
improve their skills and invest in themselves. Jobs are no longer being sold on the basis of their pay and
duties but on the promise of the future. If you feel like your career is in a dead-end at your current
position, no amount of money or security can be more important than fulfilling your potential.

2) Bad Management

The Big Bad Boss. The Man. A position in management is a leadership role, and is almost always attained
by promotion. Today’s manager was a regular employee yesterday, and the mistake a lot of companies
make is promoting people without assessing and improving their interpersonal, communication and
guidance skills. A good manager not only knows the job inside and out but is capable of motivating
employees, has clear expectations and coaching methods, and is capable of guiding his/her team
without resorting to yelling or humiliating his subordinates. The saying “People leave bosses, not
companies” is not for nothing. Employees have always been frustrated by bad management, and they
are jumping ship now easier than ever.

3)Toxic Work Environment

Few things can hurt one’s improvement and performance than the feeling that everyone around them is
doing everything for them to fail. Overly-competitive colleagues, work gossip, daily conflicts, and clashes
dissipate the enthusiasm, ambition and will to perform. A bad business environment discourages
employees to take leaves, vacations or use other perks even when they can and puts them in fear that it
shows weakness and will be used against them. As a consequence, they perform less and less, until they
eventually leave.

4) Being over or underworked

Every job is stressful to some extent, but working long hours, on more and more meaningless
assignments can really cause a person to burn out. Initiative often leads to being assigned on something
nobody else wants to do, boring and tedious tasks without responsibility or a pay raise. Even the best
and most responsible workers can only take so much before they decide it’s enough.
On the other hand, who wants to feel like they waste every day doing nothing?
5) Unsatisfactory compensation, benefits, rewards

The most obvious reason why people change their jobs is, of course, pay. However, it’s not the most
common one. According to a LinkedIn study which incorporated 10,000 people who just left their jobs,
only 34% did so because of the paycheck.
In the end, money does pay the bills. And not just that, a satisfactory paycheck shows the employee
they are appreciated, their hard work is recognized and rewarded and the company cares about their
well-being. While not the main reason people leave their jobs, a bigger paycheck plays the biggest role
in choosing a new one: 74% of people were paid better at their new position.

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