A high staff turnover was once associated with failure. This is no longer the case, with many businesses now relying on fluctuating trade, and therefore requiring more staff at certain points of the year and less at others.
What Does A High Turnover Mean?
In a human resource sense, employee turnover refers to the rate of employees leaving jobs within a company, compared with the amount of people that replace them. This means workers are leaving their jobs at an extremely high rate. These turnover rates can increase due to things like seasonal demands. In America, the restaurant and hospitality industry has a turnover rate of over 50%, compared with the national average of around 15%.
Manage the Situation Effectively
A good idea is to create a specific tailor-made recruitment procedure for the company. This way every aspect of the cycle can be managed, so everything moves forward smoothly. For effective solutions to a high turnover, your company should look into computerized help. Aspects of the business such as payroll can be done online through another company. This way you can save a lot of time and money. Such a system has the ability to quickly do common personnel tasks. You will still have to make sure your human resources are still water tight, because businesses that run this way can be vulnerable to illegal immigrants. This way the entire employment cycle can be managed externally.
Bond the Team and Get Extra Equipment
New employees have the challenge of getting to know their colleagues. They haven’t been there too long and don’t know the ropes. For employers, it is vital that they get their employees working as a team as quickly as possible. To get new workers up to speed you need create a culture of collaboration within the organisation. This way, the new starter will feel comfortable asking questions from day one.
Another problem that can arise from a high turnover of work staff is equipment to use for new workers. If you have a business that depends upon sharp increases in workload, you may need extra equipment for only a short period of time. Rentit are a company that can help you out in this situation. This way your company can be prepared for the extreme pressures of high staff turnovers.