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Take Charge Now BEFORE Your Best People Walk Out the Door

Back to blog homepage for: Strategic Employee Recognition: by Derek Irvine

Recognise This: Your best people are planning on leaving as soon as they can. What are you going to do about it now?

Your best people are planning on leaving as soon as they can. The evidence is piling up. Now the Corporate Executive Board (CEB) is reporting:

“Our most recent data clearly show that employee distraction, demoralisation and disengagement are at an all-time high. In fact, the statistics for high performers -- the best and brightest talent -- are equally alarming, with nearly a third planning to leave their current jobs within the next 12 months.”

Think about your staff for the moment. Categorise them in your mind so you’re considering your truly top performers. One-third are leaving in the next year. Try to imagine how the work will get done as well without 1/3 of your top performers. How’s that picture look?

Why You Should Care

CEB continues: “It will be extremely difficult to expand revenue and productivity with a workforce that is unfocussed and under-performing, or if turnover becomes a concern.”

Your best performers are often your leaders in the office as well – good attitudes, a willingness to coach others. Lose those people and the ones remaining will certainly lose focus. But even before that step, Those who are just thinking of leaving are already distracted from their work with those thoughts and plans. Can you afford that?

What You Can Do about It

The CEB suggests: “Recognise and reward employee contributions: Differentiating among employees is surprisingly hard for managers but organisations must arm them with the tools and guidance to ensure that their employees feel valued for their individual achievements.”

The best tools – your company values as reasons for recognition; frequent employee recognition based on those values; the ability of any employee to recognise another based on those values.

What are you doing right now to keep you best employees? What's your company/manager/leadership doing to keep you?

 

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Editor's Welcome

 

Hello! I'm a great believer in the power of stories, whether they be folk tales, novels, films or TV dramas.
 
They have a wonderful ability to get complex moral or social issues over to us in a palatable, easy-to-understand way and can provide many lessons if only we care to look just a little bit below the surface.
 
But they can also act as a fun starting point for discussion and debate on rather more serious topics that are all too often brushed under the carpet and ignored.
 

Hence our decision to start up a Review slot on the site to look at those everyday stories that are all around us from an HR perspective.

Although we've been publishing book reviews (take a look at our Book Club list of suggested possible non-fiction works for evaluation here) for some time, you may also have noticed that we've been running a weekly home page blog on The Apprentice courtesy of The Chemistry Group for a while now.

And Pauline Wood, managing director at specialist retail headhunter, court & spark consulting, was likewise kind enough to write our first film review on the Headhunters movie.

But the big question is, why don't you give it a go yourself? There's a world of choice out there and I, like the rest of the community, would love to hear your thoughts and insights.

So next time you watch a movie, see a TV drama or read a novel that you think has an HR message worth sharing, send your review to me at cath.everett@siftmedia.co.uk or post it directly to our blogs section at www.hrzone.co.uk/blogs.

So get critiquing and look forward to hearing from you very soon.....

Cath Everett
HRZone Editor 
 
 
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