How to immunize your company from employee turnover

Every CEO wants to hire the perfectly qualified person for the position. This typically means the employee has done the job before. When you hire the "perfect person" from the competition, I believe, most of the time, you are hiring a reject. You are making an incorrect assumption that your competitor will let a truly great employee leave. Quality employee retention is important to EVERYONE, including your competitors. Instead, start with inexperienced, high aptitude people and train them well.

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[monet319]

Very interesting. From a business standpoint there is a lot a truth in this, but from an employee standpoint poor management, lack of knowledge on how to properly retain great employees and other issues could possibly cause a good employee to seek employment elsewhere. A very real issue is being constantly subjected to longer than usual work hours (especially for individuals who do not earn overtime due to being exempt) or the high achievers often having to support the low ones

[voiceteacher100]

You are wrong. The reject in most cases is the company and not the employee.

You are seeing it from the point that the company is fine and the company rejected the employee and in most cases is the other way around. In many cases the competitor did try to keep that person, but the employee had good and valid reasons to leave the company and look for something better.

HR Management is a bit of an art, a difficult one where few companies succeed in retaining great employees.

[patkeating97]

Smart.

[nickandjaceatcentral]

so clearly said it's amazing! we work in an industry where normal turnover is over 100% per year and everything you are saying is so AWESOME