7 Signs Employees Will Quit – and How to Retain Them

The quit rate has remained steady in the past year, but it’s almost always higher than most employers would prefer, according to the Bureau of Labor Statistics.

And nothing hurts more than when a good employee quits your finance team. The quit conversation usually leaves your head spinning with concern about how you’ll fill the shoes … without hurting the existing team, productivity or effectiveness.

So you never want to ignore the signs that employees don’t love the job anymore – and reverse course – before they walk.

Here are seven signs good employees are at risk of quitting – plus four strategies to retain them.

1. Their Vocabulary Changes

Great employees are usually team players who care about the company. They often say “we” and “us” referring to the company and your finance team.

When they become disengaged, they’ll say “they” and “them,” referring to colleagues or the company as a whole.

2. They Complain

Every employee has complaints at one time or another. But great employees usually have fewer because they work out issues themselves.

When they’re thinking of quitting, things that weren’t issues before become issues now – because they want justification to quit. So they complain about work, colleagues, customers and more.

3. They Actively Disengage

Most employees become disengaged at some point – perhaps because they’re bored or even temporarily overwhelmed in their personal lives.

In those situations, employees will often talk to their bosses about it. But employees who are about to quit are more actively disengaged. They go through the motions, with no interest in being more involved with work or colleagues.

4. They Don’t Change

Employees looking for a new job will still take feedback and constructive criticism, probably even nod and agree as you give it. But they probably won’t act on it because they have one foot out the door.

5. They Dress Up

If an employee who usually dresses casually suddenly starts showing up a tad more formally a few times a week, it’s a warning sign that something may be up. And that is probably interviews somewhere else.

6. They Keep Odd Hours

Leaving early, arriving late or requesting random days off at the last second are signs they have something else — probably interviews — going on.

Abnormal time-off requests could also be a symptom of trying to use up any remaining paid time off before abandoning ship.

7. They Check Out

Employees ready to leave often physically and mentally check out early: They take more days off.

And when they’re at work, they don’t have much drive and don’t participate fully in the work or with the team.

How to Keep Employees

If you see these signs, you want to address them with employees. Even if they say they aren’t thinking about quitting, those actions are signs that they’re subconsciously on the outs.

To stay ahead of retention issues:

• Start with hiring. You want to hire new employees with retention in mind. Pick the right people for the position. Plus, help them decide if your company is right for them. Include time and experience in your hiring process so candidates can get a strong and clear understanding of your company culture.
• Offer more autonomy. Avoid micromanaging, especially great employees. Agree on deadlines and expectations. Let them decide the best way to achieve the goals. Meet periodically to make sure they have the resources they need.
• Be concerned. Autonomy is important for work well-being. True concern and interest is good for personal well-being. You don’t have to be best friends with employees, but you want to be interested in what they care about, too – family, hobbies, career goals, etc.
• Make them feel irreplaceable. Employees won’t be as likely to quit if they feel like they’re valued in their position. Give them increased responsibility and training to excel at it. Then recognize and reward them for doing well – just as you expected.