Dealing with High Turnover
September 14th, 2010If you’re dealing with high employee turnover, our sympathies, because many human resource experts say that if a company is experiencing high turnover, that company is in crisis.
Here are some tips on how to deal with high turnover.
Many employees do leave for greener pastures. As in, companies that pay them more than a current employer pays. If your exit interviews are finding that workers are leaving you because they feel they’re not getting paid enough, it may be time to rethink your salary structure.
But leaving for a higher paying position isn’t the main reason most employees leave. Another big factor is an employee’s “quality of life” at the workplace. Do your employees feel management is weak? Is there a culture of distrust and tension? Do managers belittle employees? Is there no room for advancement? Do employees feel engaged with your company’s mission; do they feel they’re working for something “greater than themselves”? Do your employees feel safe at their place of work? Is the equipment adequate for them to do their jobs? Do employees feel appreciated?
All of these factors make a big difference in employee satisfaction. Survey your workplace and see where you can improve.
A lot of employee turnover occurs when an employee and a company just aren’t a “good fit” for each other. Either an employee had unrealistic expectations, or his or her work style or even personality just didn’t mesh with your company’s “culture.”
A pre-employment assessment tool can help you screen for on-the-job performance issues that also play a big role in whether or not an employee will succeed at your company. These traits can include the tendency to loaf on the job, substance abuse, theft, sabotage, ethics, goals and even personality traits.
Using these pre-employment assessment tools can go a long way toward “hiring right.” Hire the right people for the right jobs and you’re well on your way to cutting back on employee turnover.
Let CR Fletcher Associates, Inc. help you hire right the first time. We can source exceptional employees for your Albany/Schenectady company. Contact us today.
