Get All Access for $5/mo

4 Essentials for Earning the Commitment of Employees You Need to Keep Employees commit to employers who commit to them and abandon those that won't.

By Matt Straz Edited by Dan Bova

Opinions expressed by Entrepreneur contributors are their own.

Shutterstock

Chalk it up to the confident millennial mindset or renewed hope in the job market, but employers are facing a new workforce epidemic: job hopping.

The majority of millennials, who make up a generous portion of the workforce, concede job hopping looks bad but 86 percent say they wouldn't let that concern stop them pursuing their passions, according to a recent survey of 1,000 full-time employees aged 22-35 by RecruitiFi.

It's a never-ending puzzle workforce leaders struggle to solve, examining what they can do to engage employees enough to inspire commitment for more than just a year or two.

Fortunately, there's hope. New data from LinkedIn analyzing 10,000 people who changed jobs this year found 42 percent could have been persuaded to stay.

Here's the hard truth about why employees leave and what inspires commitment:

1. What happens after onboarding.

It's been said time and time again, what happens during an employee's first few months with a company influences their decision to stay (or leave). Smart employers focus heavily on developing state-of-the-art onboarding programs that start employees off on the right foot.

But, what happens after that?

Engagement shouldn't end with good onboarding. It needs to be a continuous process to combat the natural drop in engagement after those exciting first few projects. Employee engagement does, in fact, drop by 44 percent after the first six months, according to Gallup's 2013 State of the American Workplace report.

Don't stop investing in employees after onboarding. Continue to help them grow and develop their skills via online training courses or job shadowing a role they aspire to grow into.

Related: If You Were Already Worried About Employee Engagement, Prepare to Panic

2. The opportunities (or lack thereof)

The LinkedIn report also found that the top reason why 45 percent of people left their jobs last year was due to a lack of advancement opportunities.

This is a key reason why some of the most talented professionals change jobs frequently. Job hoppers can be high performers who adapt and gain traction quickly in new roles. They become bored soon after they've mastered a new roles.

To keep them engaged, they need to be given new challenges and opportunities on a regular basis. After a few months, let high performers cross-train into a new role. Give them a new problem to solve and the resources to support them. Or, place them in a leadership role where they can train others.

When employees don't get the growth opportunities they seek, they may unfortunately look for those opportunities elsewhere.

Related: 10 Simple Secrets You Need to Know to Increase Employee Engagement

3. The right feedback.

Employees want to know their work makes an impact. They want a greater sense of purpose than being a cog on an assembly line. In fact, RecruitiFi found 31 percent of job hoppers would leave their jobs to pursue more fulfilling work.

Acknowledge employees' work efforts, even when they aren't achieving big milestones. Celebrate small wins, and personally remind each individual their work is important. Provide consistent feedback in a way that is constructive, yet encouraging. Above all, support them as they hone their craft with the tools to succeed.

4. The social side of work.

Employees don't commit to organizations, they commit to the people who work with them. If they don't have meaningful relationships with the people they work with, it's not likely they'll feel compelled to stay long. Yet, if they do have strong relationships with their co-workers, they'll be 21 percent less likely to leave, Globoforce found in its Fall 2014 Mood Tracker Report.

Build a culture that promotes positive social engagement among employees. Use a social communication tool through which employees can share updates, coordinate activities and support one another.

It all comes down to this: employees won't bother committing to employers who won't commit to them. Employers need to consistently invest in employee development throughout the entire working relationship. That means providing them with the opportunities, feedback and social support they need to feel a sense of belonging on a team of people committed to each other.

Related: The Benefits of Having Friends in the Office (Infographic)

Matt Straz

Founder and CEO of Namely

Matt Straz is the founder and CEO of Namely, the HR and payroll platform for the world's most exciting companies.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Business Solutions

Amp up Productivity with MS Office 2021 for Just $60

Unlock the full potential of your business with a lifetime license to the suite of beloved apps.

Leadership

From Crisis to Control — How to Lead Effectively in High-Stress Scenarios

From the eye of the storm to the heart of leadership: How BELFOR's Sheldon Yellen's approach to the disaster recovery industry is revolutionizing resilience in business.

Operations & Logistics

3 Reasons Why Your Business Should Start Digitizing Payments

Customers will continue to demand more digital payment options and expect convenience, security and simplicity — and businesses will need to adapt or struggle.

Starting a Business

How to Connect With Buyers and Get Your Products on Store Shelves, According to the Founder of Daring and Cadence

Ross MacKay, founder and original CEO of the plant-based food company Daring Foods and co-founder of performance beverage brand Cadence, shares the strategies that have landed his products in over 40,000 stores nationwide.

Business News

Southwest Airlines Is Switching Up Its Boarding Policy and Assigning Seats for the First Time Ever

The airline, known for its unique open seating model, will assign seats for the first time in company history.

Growing a Business

Being a Good Manager Isn't Enough — Here Are 5 Leadership Skills That Will Keep Your Employees Around

The article outlines five key leadership skills — engagement culture, effective staffing strategies, AI utilization, shared team reality, and work-life balance — that can improve team performance and reduce turnover, fostering sustainable growth and innovation.