Personnel Turnover and Leadership Thinking

Personnel Turnover and Leadership Thinking
by Dale Collie

Some people tell me that as many as 75%  of all
employees are actually looking for or thinking
about finding a new job because they are fed up
with their workplace stress.

No matter what business you're in, this turnover
is  going to impact your bottom line.  As people
lose  interest in their current employment, their
productivity takes a dive,  absenteeism climbs,
and the company takes it on the chin.

Most of these people are smart enough to avoid
getting fired, but they truly don't care about
the old company anymore.  They are searching  for
a way to make a change.

It might take awhile, but your company is going
to have to pay the cost of recruiting and training
new people, and your productivity is going to
suffer again, until the new people are fully  on
the job and fully prepared.

This issue caused less concern in the past because
staffing levels were adequate for the work being
done. Remaining staff could take on some extra
work while the company scouted around for new
employees. But those days are gone - gone with
lean manufacturing and flat management  structure.

Here are 5 things you can do to avoid the
extraordinary cost of personnel turnover.

1.  Find out what employees like about your
company and do more of it.

2.  Find out what they don't like about your
company and change it.

3.  Find out what employees like about your
competition and see if that will work in your
company.  We're not talking about product
competition; we're focused on what the job
market has to offer.

4.  Find out what's causing all the stress in your
company and overcome it with solid leadership and
communications strategies.

5.  Find out about employee family concerns and
other external stressors.  Provide seminars,
training, and coaching to help people overcome
these stressors.

A few old-thinking managers/leaders are still
around, those who think that the paycheck and
annual vacation are all we owe employees.  The
basic compensation and fringe benefits are not
enough any more, and these geezers will find
themselves in trouble as the new breed walks in
with a good understanding of what it takes to
control stress and maximize productivity.

Get a free article about the top ten workplace
stressors and what to do about them by sending
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Copyright 2005 (Dale Collie)

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Dale Collie (MailTo:collie@couragebuilders.com)
speaker, author, and former US Army Ranger,
CEO,and professor at West Point.  Selected by
"Fast Company" as one of America's Fast 50
innovative leaders.  Author of "Frontline
Leadership: From War Room to Boardroom," and
"Winning Under Fire: Turn Stress into Success the
US Army Way." (McGraw-Hill) Free newsletter  upon
request:
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