The Problems of High Employee Turnover and How to Fix Them
High turnover is a great thing if you’re talking about how many customers you can serve in a day. High employee turnover is another matter and comes with a slew of problems for you and your business. While difficult, learning how to navigate these issues can ultimately improve your organization, leading to better employee management and smoother business operations.
Keep in mind, the best way to avoid these problems is to avoid high employee turnover altogether. But, in many organizations, this is nearly impossible due to unique factors in their given industry and workforce.
Problem One: Increased Workload
High employee turnover means your organization will be understaffed and spending a lot of time on training. With fewer staff members able to fully focus on the task at hand, essential operations will fall on the shoulders of a select few of your team. This can be especially apparent in a work environment with poor employee management.
Be conscious of what your organization’s daily operations look like. This means knowing which tasks are more or less important, understanding the normal workload of each individual, and using the data you have to evenly distribute what tasks you can.
Acting ahead of time to collect this information is of utmost importance. Increasingly so, the modern workplace needs to function with this data in mind to preempt any issues before they happen.
Problem Two: Training Costs
The biggest financial pain of high employee turnover is training costs, paying for two employees to do the job of one. How long this training is can depend on how complex your processes are. The more complex the process, the more time spent hand-holding, the higher the training cost.
Minimizing training costs is about educating your new employees quickly and effectively to help them feel confident standing on their own. Traditional training formats like videos can be a good aide, offering an easy introduction to your processes. However, many older methods of training still require a good amount of side by side training with a more experienced employee.
To truly solve the problem of high training costs, look into the ways new technology can help you. Even a simple app that contains easy access to work instructions can change a two-person training into a one-man one moment task.
Problem Three: Workplace Dynamic
Workplace culture is undoubtedly an important aspect of life as an adult. After all, most adults spend upwards of eight hours a day at work among their coworkers. When your place of work has a high turnover, it can cause problems as an influx of new employees will always cause ripples in the office.
These ripples can be small if your new hires are a perfect fit for your organization. What happens when they aren’t a perfect fit depends on a lot, there can be many reasons your workplace dynamic feels off.
Solving High Employee Turnover
While there isn’t one easy way to fix the cultural problems that arise with high turnover, encouraging a culture of flexibility, enabling an open dialogue in your office, and making sure every employee feels heard can go a long way to stabilizing your workplace dynamic.
Every business will struggle with high turnover to some degree. Change in your organization can be hard and discouraging, but it doesn’t have to be. If you know your business is especially susceptible to high employee turnover, take the time to work against the fallout now, you won’t regret it.
Begin by talking to us about how your training could be revolutionized!