Nowadays, many people change jobs quite regularly, rather than working in the company for their entire careers. Why do you think this is happening? How can companies keep their workers?

In the present scenario, the majority of

employees

are switching their jobs very often

instead

of associating with an organization throughout their career.

This

essay will look at the reasons for

such

an attrition rate and propose some solutions.

To begin

with, nowadays monetary growth has become an essential part of the

employees

' career which needs to be fulfilled within a stipulated time span due to inflation. Because of

such

reasons, people switch jobs very rapidly as they get a minimum of thirty per cent hike on their current package. To tackle

this

issue,

companies

must modify their salary structures from time to time so that people could get a hike in their current company and would not look out to meet their expectations.

Secondly

,

employees

are looking for

companies

who are adopting the latest

technologies

so that they can have exposure to

such

types of

technologies

and can enhance their skills which would actually help them in future. In order to solve

this

issue,

companies

must take initiatives to let their

employees

learn new skills and

technologies

which will help both parties as

employees

will learn new things and will result in productivity enhancement. To illustrate,

this

can be seen in the information technology sector where one company is using waterfall methodology and the other is adopting agile , so candidates are moving to the

companies

that are using the latter one which is considered to be the latest technology.

Finally

, culture plays a vital role in the life of the

employees

which needs to be modified by the management of the organisation so that

employees

could not feel monotonous while working in the organization,

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new policies and procedures need to be introduced to deal with

such

type of issues. To recapitulate, instability can be dealt with different initiatives that should be done by the

companies

on a regular basis like amendments in the salary structure, adoption of new

technologies

and cultural exchange which will help

companies

a lot to make their

employees

stable.

This

essay has highlighted issues and provided some solutions as well.