Posted on
21 April 2008
by
Andrew Metcalfe
The BBC has put an article on their Business News section stating that 4 in 10 people may quit their jobs in the next year. This is based on a poll conducted by YouGov.
http://news.bbc.co.uk/1/hi/business/7357451.stm
This is quite an astonishing stat really and one that has obviously struck home with the website visitors, it is top of the most popular stories shortlist as I write this.
I guess this shows the complacency so many companies have towards their staff. I have always worked on the principle that anything above 15% staff turnover needs analysing. There will always be people who retire, emigrate or fall sick but if a company reaches 25% turnover then things are going wrong somewhere!!
Some companies like fast food restaurants can deal with high turnover but for many companies someone leaving means that they are taking a lot of invested time and money with them. This impacts on the bottom line. I have long thought that a company with high staff turnover is a sick company.