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When an employee quits, you are losing a lot more than a person. You are losing expert knowledge and insights. It will also cost you money to recruit, hire, and train a replacement. Turnover can be expensive and time-consuming, to say the least.
If you can prevent employees from quitting, you can save your organization a lot of time, money, and minimize disruption. If an employee quits unexpectedly, it can have an even more detrimental and far-reaching impact.
You can potentially dissuade employees from quitting when you understand the top signs. Here is a list of how to tell if someone is potentially going to quit:
Here are some top signs you have an employee who may be thinking about leaving:
Being proactive and taking preventative action is the most effective way to prevent turnover. You need to do good by your employees well before they start to consider exiting the company. Once they start thinking about quitting, it may be too late, and it will be challenging to get them to stay long-term. Here are a few simple but effective tips to keep your employees:
IQ PARTNERS is an Executive Search & Recruitment firm supporting clients across the country. We help companies hire better, hire less & retain more. We have specialist teams of recruiters in Executive Search / Board & C-Suite, Technology, Media, Digital & Marketing, Accounting & Finance, Financial Services & Insurance, Cannabis, Startup, Data Science, Consumer, eCommerce & Retail, Operations & HR, Manufacturing, Supply Chain & Engineering, Legal & Professional Services, Pharmaceutical & Life Sciences, Non-Profit & Sustainability, and Sales. Click here to view current job openings and to register with us.
Ross Campbell is a Partner and Practice Lead, Financial Services & Insurance with IQ PARTNERS. Celebrating over 10 years of management consulting experience in executive search, recruitment, and training in Canadian financial services and insurance companies, Ross thrives on the belief that business can be done significantly better by investing in the right people.