The Top 10 Reasons Employees Stay On the Job

Employees choose to stay with their company for a variety of reasons. Sometimes it relates to personal reasons such as salary or benefits and other times it deals with factors surrounding the company itself, i.e., the company is a Fortune 500 company. Whatever the reason may be, there are companies out there that have a wonderful worker base and they seem to do a good job retaining their employees. It is important to highlight some of the reasons why employees want to stay with their current company and mention in more detail one particular reason why employees stay put which is access to credit union membership.

1. Credit Union Membership - Perhaps one of the more highly revered incentives for staying on with a particular employer is the offering of credit union membership. This is a wonderful benefit that many more employers should utilize. It provides comfort to the employee who knows that their money is in good hands, easier access to low interest rate loans, ability to obtain dividends on savings and bonus dividends from the credit union. The credit union is a not-for-profit cooperative and this fact alone makes credit unions a highly desirable institution. The employer that offers this type of incentive may just have an employee for life.
2. Health Benefits - It is usually a toss up between benefits and salary as to which is more important to employees; however, with the rising cost of healthcare these days, health benefits usually come in first when asking why employees stay on the job.
3. Salary - A close second would be salary range. If an individual is receiving a good salary, they are less likely to leave.
4. Good Coworkers - If an employee likes his/her coworkers, that individual will be more hesitant in leaving for another company where the coworkers may not be as nice.
5. Office Hours - This is an especially important factor for working moms who want to work outside of the home but need to be home at a specific time for their children. These types of employees are more likely to stay on with a company if that company is flexible with office hours.
6. Childcare - Certain companies offer childcare right on the premises which may be too attractive a feature to leave behind.
7. Vacation Time - When employees work for one company for a long time they often bank up a great deal of vacation time. If the employee were to leave for another company, they would be back to square one with regard to acquiring vacation days.
8. Sick Leave - Sick leave like vacation time is usually awarded with regard to number of years of service. Employees like to gain additional sick leave with their current company as opposed to switching jobs and starting over with two or three days of sick leave during the first year.
9. Distance from Home - Many times an employee will choose to work with a company and stay with that company if their office is close to home.
10. Popular Company - Sometimes an employee that works for a large, well-known company will be more inclined to stay on and build up years of loyal service so that when the time does come to change jobs, they are thought highly of by their new employer.