Staff retention and the domino effect: when one falls, others will too

What happens when an employee hands in their notice? Others tend to follow. With almost half of UK workers planning to leave their jobs in 2016 (according to research by Investors In People), how can employers minimise the risk of losing not just one but several staff members?

 

Career Management Coach Katherine Wiid of Career Ambitions comments:

"With so many people potentially resigning in 2016 it is inevitable that many companies will lose a few team members. We are starting to see that when one employee leaves, it often triggers a domino effect, causing others to follow suit."

As coaches working with professionals on their careers, there are two simple steps that Career Ambitions recommends employers consider to ensure you have a happier team.

Firstly, reevaluate your appraisal structure. Do you offer annual appraisals? Most companies do. But is that really often enough to know whether your employees are satisfied in their roles? Offer regular career conversations instead. By opening up lines of communication, your employees are more likely to come to you with any worries or concerns, rather than simply coming to you to hand in their notice.

What is it that matters most to your employees? What motivates them? As Dan Pink writes in his new book ‘Drive: The Surprising Truth About What Motivates Us’, often it’s not just the financial factors. What other incentives can you offer as a company – from extra training courses to career management coaching and new opportunities? It’s not all about the money!

It’s time to rehumanise the workplace: keeping your team happy and healthy is the key to success. Don’t let the domino effect wipe out your team in 2016.

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Career Ambitions runs regular Career Coaching Clinics in Cambridge to help professionals evaluate their careers and decide which steps to take in order to achieve career success and happiness. They can be contacted on 01223 633535.

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