Negative consequences of a high turnover rate in companies
Posted: Sun Jan 19, 2025 10:58 am
What causes turnover?
The causes of turnover are varied. Below we list the main ones:
Low performance: often a person with low performance tends to be more disengaged than someone with high performance. Returning to the retail example, where results define whether an employee stays at the company or not.
Leadership profile: many professionals ask to be dismissed because they do not have a good relationship with their immediate managers.
Compensation: one of the reasons people want to leave a company is when they realize that their salaries are lower or out of line with the market.
Quality of the work environment: companies that do not give employees the freedom to be themselves can lose many professionals. Hostile environments, without much collaboration and that do not allow the integration of professional and personal life tend to lose people, especially younger ones.
New call to action
The losses for companies with high turnover go far beyond the malta whatsapp data loss of employees. According to Professor Villela, they can even affect the quality of business. Check it out:
1. Knowledge management
Many people, when they leave a company, take with them years of knowledge and experience developed over time.
And if the company doesn't have someone with the knowledge of the employee who was laid off, it will have big problems. This is because someone will have to start from scratch and learn techniques that the former employee knew how to do very well.
2. Relationships
Some employees have a portfolio of important clients for the business, becoming a reference for these people. Therefore, when the employee leaves, they can take these clients to the competition.
3. Training and development of a new person
The company will have to invest time and money to recruit a new person and invest in their probationary period. This time can lead to lost business and delayed tasks. In addition, it can lead to dissatisfaction among the teams that remain.
The positive side of turnover in companies
Although it has many negative aspects, turnover in companies also has its positive side. According to Professor Bruno Villela, a healthy rate can contribute to the oxygenation of the work environment.
“A new person arrives to do things differently. Companies often choose to restructure, bringing in new people, mainly to freshen up their work style and bring new skills to be applied in the organization,” he says.
How to find balance?
Yes, the good news is that it is possible to find a balance in employee turnover. But the company needs to be very aware of certain situations: “If the company cultivates a collaborative and healthy work environment, it will consequently have a lower turnover,” he concludes.
In this case, the focus is not on working on turnover, but rather on what you can offer your employees. With Saint Paul Incompany, you can train your team to deal with the challenges of the job market and promote a healthier and more productive environment.
The causes of turnover are varied. Below we list the main ones:
Low performance: often a person with low performance tends to be more disengaged than someone with high performance. Returning to the retail example, where results define whether an employee stays at the company or not.
Leadership profile: many professionals ask to be dismissed because they do not have a good relationship with their immediate managers.
Compensation: one of the reasons people want to leave a company is when they realize that their salaries are lower or out of line with the market.
Quality of the work environment: companies that do not give employees the freedom to be themselves can lose many professionals. Hostile environments, without much collaboration and that do not allow the integration of professional and personal life tend to lose people, especially younger ones.
New call to action
The losses for companies with high turnover go far beyond the malta whatsapp data loss of employees. According to Professor Villela, they can even affect the quality of business. Check it out:
1. Knowledge management
Many people, when they leave a company, take with them years of knowledge and experience developed over time.
And if the company doesn't have someone with the knowledge of the employee who was laid off, it will have big problems. This is because someone will have to start from scratch and learn techniques that the former employee knew how to do very well.
2. Relationships
Some employees have a portfolio of important clients for the business, becoming a reference for these people. Therefore, when the employee leaves, they can take these clients to the competition.
3. Training and development of a new person
The company will have to invest time and money to recruit a new person and invest in their probationary period. This time can lead to lost business and delayed tasks. In addition, it can lead to dissatisfaction among the teams that remain.
The positive side of turnover in companies
Although it has many negative aspects, turnover in companies also has its positive side. According to Professor Bruno Villela, a healthy rate can contribute to the oxygenation of the work environment.
“A new person arrives to do things differently. Companies often choose to restructure, bringing in new people, mainly to freshen up their work style and bring new skills to be applied in the organization,” he says.
How to find balance?
Yes, the good news is that it is possible to find a balance in employee turnover. But the company needs to be very aware of certain situations: “If the company cultivates a collaborative and healthy work environment, it will consequently have a lower turnover,” he concludes.
In this case, the focus is not on working on turnover, but rather on what you can offer your employees. With Saint Paul Incompany, you can train your team to deal with the challenges of the job market and promote a healthier and more productive environment.