Retention – An Employers Tree of Life

Retention – An Employers Tree of Life

By: Elizabeth Weihmiller Have you ever taken the time to figure out how much turnover is costing your company? Many businesses we talk to and hear about have no issues with just firing and rehiring, but, what if by doing this you were missing the diamond in the rough? Maybe all that person needed was development, coaching, or training and you just “tossed them” aside in order to go out and look for the house that’s finished head to toe, just the way you want it. What is the cost of recruiting a new person and how do you guarantee that they have everything you need and are looking for and will do the job the last person wasn’t “capable” of doing? It may be time to reshape your thinking. Instead of immediately firing employee “A”, give them that chance to expand their skills to better do the job that you are looking for to be done, through training, coaching and/ or development....
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