When a valued employee jumps your ship it can have disruptive consequences for your organization's direction and the moral of your workforce. Depending on the role of the employee, the difficulty of replacing them and the costs of retraining can be large.
Often the question from the top is: Why are my employees leaving?
Much has been written about this topic. Many employers still hold to the illusion that with unemployment figures so high, employees will stay on no matter what. If you have your finger on the pulse you know, employee turnover can be costly, time consuming and almost brutal. Almost a quarter of your employees will quit this year. You can greatly curtail employee turnover by understanding a few things now. If you want to improve retention and protect your most valuable asset, your workforce, here are some things you should take stock of immediately.