Anytime an employee leaves a mix of operational setbacks can ripple throughout your organization. However, when a great employee leaves, someone who was a “difference-maker,” business can really suffer. Team dynamics shift, timelines get altered, and hiring procedures pull managers away from their divisions. Beyond the day-to-day duties, the associated time, and thus costs, to refill positions can pile up, especially if turnover continues to happen. For this reason, it is important to reduce unnecessary turnovers and keep your team dynamics optimized and fully functional.
Office culture plays a critical role in attracting and retaining top-tier employees and is often the difference between creating industry leaders and being just another stepping stone in the employee’s work history. By taking all of the areas mentioned below into consideration you can help shape an environment that fosters and supports your employees encouraging them to stay, evolve, and help guide your company to the forefront of your industry.
Can you recognize the signs of poor office management? If you are measuring your management teams purely by key performance indicators and profit, you may be overlooking the clear signs of poor management that could be impeding your company’s success and productivity.
The average employee does a good job. If they don’t, it can be assumed your business would take the necessary steps to train them or find a more suitable employee. Therefore, the loss of even an average employee has an impact on your bottom-line. Most businesses are prepared for this sort of expense and can keep moving forward. However, the departure of a highly valuable team member can create damage that goes beyond the dollars-and-cents cost of the replacement.
Recently, the U.S News released an updated list for the projected ‘10 Best Jobs in Technology 2019’. We’ve examined these jobs by how they are ranked annually based on the projected number of job openings, opportunity to advance and pay scale.