June 2011: Employee Turnover Impact

• A Major Cause Of Employee Turnover
• Drive Employee Engagement to Improve Your Company's Bottom Line
• Pent-up Demand & Assessing Your Employees

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Turnover - The Next Threat to Your Bottom Line? Surveys indicate that as high as 80% of employees are ready for a change of employers. As difficult and risky as it was to pull the plug and move on to a new opportunity in the past 3 years, many have stuck it out in an employment situation that was less than desirable but provided a regular paycheck. Unemployment is still hovering around 9% but most economists predict that number will slowly shrink in 2011 and by the end of the year and into 2012 employment will slowly then more rapidly improve. More opportunities for your key people to 'jump ship' and make the move they have wanted to make for some time. A double whammy! First the recession then just when business is improving, key people leave your organization and move on to competitors! Learn what the experts recommend in these articles. Poor Hiring with Incompetent Interviewers Is a Major Cause Of Employee Turnover Peak performance begins with surrounding yourself with talented people who are compatible with your company's culture and who have the skills needed to succeed in the job. Excessive employee turnover ends all hope of developing peak performance. Learn the two major reasons for people quitting. Drive Employee Engagement to Improve Your Company's Bottom Line We show you 7 steps to drive company engagement. Are your employees engaged in your corporate vision, mission, strategy and goals? Or are your employees just showing up, putting in their time, getting their work done and spending their free time dreaming of going to work for one of your competitors? Employee Turnover: The Next Threat to Your Bottom Line So how would you assess your employees? Are they staying simply because they don't have other opportunities? Or are they staying because they truly find satisfaction in working for you? Put your battle plan together now and identify the action steps that you can take. Just as certain as the reality that summer will bring heat and thunderstorms, higher staff turnover will threaten your organization in 2011 to a greater degree than it did in the three prior years.

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