5 Ways to Stop Turnover

Two million American's quit every month. 7 out of 10 employees are not engaged at work and are open-minded to new opportunities. Yet, engaged employees put 57% more effort into their job and are 87% less likely to resign. These statistics might motivate employers to develop a plan that increases retention. Use the following recommendations to kick-start your retention plan.

1. Know your employees: Spend time with employees and ask what's on their minds.
2. Empower your people: Create a sense of ownership with a smaller degree of intervention and oversight.
3. Eliminate negative politics: Establish a culture with a zero tolerance for disruptive politics.  
4. Be trustworthy: Managers should be dependable, reliable, honest, forthright, truthful and ethical.
5. Recognize: Provide positive feedback when employees have done something that you value and appreciate.

Positive Side of Turnover

As difficult as it is, turnover is not always bad. It can be an opportunity to revise an outdated position or to hire someone new with fresh ideas. To decrease the panic and pain associated with the resignation of a key

• Transfer the knowledge
• Cross-train employees
• Document important procedures
• Hire a support person to learn key aspects of the role