Handling Employee Turnover Like A Pro
A wise man once said, 'Employees don’t quit their jobs, they quit their managers.' Alright, maybe not a wise man, but almost every HR professional will swear by this mantra. As general managers, you might be wondering, 'Is it my neckties? Do they hate my Monday motivational quotes or is it my crazy passion for blueberry donuts?' Well, it’s time we find out (it’s probably not the donuts, though).
Your Best Employees Keep Leaving - The Unspoken Epidemic
Dissecting the underlying reasons for high attrition, especially among your top talents, is a pressing concern that keeps many a general manager awake at night (aside from binge-watching The Office, of course.) Not an annual picnic saga, but a serious, in-depth issue.
Abracadabra! Introducing Five Ingenious Techniques
The bad news? It’s a tad more complex than pulling a rabbit out of the hat. The good news? We have five ingenious techniques to help turn the tide on this attrition epidemic.
1. Enriching Employee Engagement
Did you know that 71% of all employees are not fully engaged at work, as per a Gallup study? The secret to combating this is to create an inclusive, highly engaging workplace culture, where employees can frolic around with their ideas. Metaphorically, of course.
2. Investing in Employee Development
Don’t just invest in stocks and bitcoins, invest in your employees too. Ensure they have plenty of opportunities for growth and continually support their skill development. Remember, stagnant water breeds mosquitoes; and you don’t want a 'Buzz Off!' message from your top talent.
3. Open and Honest Communication
An open line of communication helps fuel employee trust. Encourage them to voice their ideas, constructive criticism, and concerns. It’s like having a magic mirror telling you what’s wrong, and sometimes even how to fix it.
4. Recognition and Rewards
Everybody loves a little 'pat-on-the-back' now and then. In fact, 69% of employees said they’d work harder if they felt their efforts were better appreciated. So, don’t be a Scrooge. Recognize. Reward. Repeat.
5. Balance Work and Play
There’s a reason why we love the phrase 'work hard, play harder'. Inject fun activities into the work environment. Employees who feel 'burnt-out' often run faster than Usain Bolt towards the exit.
References:
- Gallup's State of the Global Workplace report
- 'Effects of Employee Turnover,' by David Allen in Focal Point
