It’s every manager’s nightmare: One of your best employees turns in their resignation out of the blue. You now have a number of challenges to manage on top of your daily responsibilities. Not only do you have to find a replacement for the valued employee, but you must also consider the impact the departure will have on the rest of your staff. Additionally, employee departures usually result in current employees having to pick up the responsibilities of the departing employee resulting in employee frustration and lowered morale.
The bottom line is: It’s more efficient to retain a qualified employee than to recruit, train and orient a replacement employee of the same quality.
Good retention starts at the time you hire an employee and continues throughout the employee’s life cycle.
