Almost every HR professional has at least one story of a “creative” employee resignation.
From an employee saying they’re going to lunch and never returning, to an employee bringing a Marching Band into the office to play him out, some of the stories sound like a scene out of the movies. If the employee was obviously disgruntled, it may not come as a surprise that they make their exit in a grandiose (and possibly disruptive) way.
What if the resignation is coming from one of your top performers? When the resignation letter hits your desk, were you prepared for it? About a month ago, CNN Money came out with an article about job-hopping to gain salary increases, and these are increases that are much larger than your average company would offer as an annual increase. While the examples they used were extreme, with the number of available jobs on the rise, employees may be more willing to test their luck in the job market.
[tweetthis]Available jobs are on the rise, and your talent may be on the move.[/tweetthis]
Have you checked in with your top talent lately? If not, it may be a good time to do so. Let’s talk about some of the warning signs that your talent may be gearing up for a change.
1. The Wardrobe Upgrade: An employee who usually has a more casual style that starts wearing a tie a few times a week may be interviewing. It could also just be a wardrobe change.
2. Wacky Scheduling: Your most consistent employee, in at 8 and out at 5 suddenly starts shifting their schedule around. Coming in an hour or two late, leaving a little early, or even taking an extended lunch could be another warning sign of meeting with a potential new employer. On the flip side, it may be that the employee is dealing with non-work related issues, like tending to a sick loved one. Either way, a sudden change in schedule on a continued basis when they previously were very consistent may warrant a check in conversation – especially if the wardrobe upgrades seem to coincide with these days!
3. Salary Stagnancy: When was the employee’s last increase? Was it a standard 2-3% increase or merit based? It’s unrealistic to try and give everyone a raise to keep them, but if an employee hasn’t seen a raise in en extended period of time, they may listen to articles like CNN Money and Forbes that tell them they could command more by leaving. (It may also be time to do a salary survey to see if your salaries are still on par with the market!)
4. Decline in Product: Whether it’s efficiency or quality, if an employee is becoming disengaged their work product may decline. That’s not to say you should panic if an employee has one bad project, but if their work may decline over multiple projects, they may no longer be fully invested in the work.
5. Life Events: Getting married, a new child, or the declining health of a loved one can be a game changer. This one usually has less to do with the employer, but having a conversation with the employee as soon as you learn about the life event could help you plan for the future. You may also be able to discuss flexible work schedules, telecommuting, and the various types of leaves available to the employee. If the employee knows they have options, they may be more inclined to stay.
You can never guarantee that an employee is going to stay with the company forever, but taking the time to check in and test engagement levels may help you to build action plans around key employees or start planning and resourcing for the future.
What are some warning signs you have seen in your workplace?