I just heard about another business that is seeing almost weekly resignations. The economy is improving and people unhappy with their jobs are finding alternatives. It started slowly but the trend is pretty obvious now. This company has no idea how many of their people have been looking or who could be next. They could be crippled soon if a few more critical employees give notice.
Furthermore, the toll these resignations is taking on those who remain will encourage others to join the parade. They are likely suffering from more work, broken routines, and missing camaraderie.
How fast might this ship sink? Fast!
Is it happening to your company?
- Are people leaving?
- Are they sending out resumes or taking time off for interviews?
- What’s the talk in the halls?
- Would you even know?
- Do your employees have a reason to be looking elsewhere?
With so much at stake, now is not the time for optimism and rose-colored glasses when it comes to the welfare of your employees. Now is the time for better safe than sorry. Figure out how to get your fingers on the pulse immediately. Find out whether morale has slipped. Find out whether people feel respected and fairly treated. Find out if your compensation packages have fallen behind the market.
Don’t wait. The sucking sound of an accelerating downward spiral can be terrifying.
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