A Low Turnover Rate Could Mean You Have Ugly Employees
Most executives assume that low employee turnover is an indication of great management. While that could be the case, there are many other reasons for low employee turnover, not all of which are good. For instance, it could indicate that talent competitors find little value in the people that comprise the organization: they simply are not desirable.
Turnover Rates Are Impacted By Employee Desirability
High turnover rates do not always mean that you have bad managers or that you are not a great place to work. Firms with great brands and industry visibility are often the target of recruiters. In fact, it is not unusual for hiring managers to direct recruiters to only target employees from the top five firms in their industry. That being the case, you need to consider the reverse: employees may stay only because they have few options to leave. Read more by Dr. John Sullivan here.
Posted on August 8, 2011, in Employee Engagement, HR Management & Leadership. and tagged career, careers, employee, employer, employers, hr, human, human.resources, jim, knoxville, national, opi, outplacement, resources, tait, tennessee. Bookmark the permalink. Leave a comment.