Rising staff turnover

An online survey of UK workers revealed that nearly 1 in 4 are planning to change their job in the next year as their job satisfaction and morale fall.

Measures put in place by companies to combat the recession are suggested as reasons, such as pay and recruitment freezes, re-organisation, and restriction of training programmes. While these measures may be important for the future survival of the organisation, high staff turnover and loss of skills bring higher operating costs and restrict growth, which will impact on the bottom line in the longer term.

This highlights the need for a supportive company culture, with good communication lines. If employees are kept informed about the company and any initiatives in place to secure its future, and are encouraged to feel a part of the solution to current difficulties, staff turnover and its associated costs should be reduced.