Everyone Eventually Quits, And It’s Okay

 Friday, January 17, 2020

 IRMI

We focus a lot on the importance of retaining top employees. It reduces cost, increases productivity, builds trust and camaraderie—and the list goes on. However, we rarely discuss the elephant in the room: everyone eventually quits, even your best employee.

At some point, they have learned all they can and given all the value in their role. Once they get to that point, it’s time to move up within your company or on to another company.

Either way, you’re going to have turnover beyond your control. But as a manager, you can choose how to frame it within your company culture.

Some turnover is good, especially if it involves employees who have overstayed their welcome. Top performers can quickly become bottom performers if they stay in a role they are no longer satisfied with.

They will start to lose motivation and become unengaged, and eventually, the cost to retain them will exceed the cost of turnover. Turnover can also open the door for beneficial new ideas and skills.
Education & Training
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