Thursday, June 9, 2011

Why Is Your Top Talent Walking Out the Door?

General Electric CEO, Jack Welch once said, “Any company trying to compete must figure out a way to engage the mind of every employee.” A company’s greatest asset is its employees. Without a dedicated workforce of men and women who enjoy their job and take a special interest in its success, a company can’t survive. As the economy slowly recovers, the talent war is becoming fierce. Retention of top employees is a major battle many businesses are currently fighting. Could you afford to lose your top performers?
So, why do talented employees leave?
While it is definitely one of the top contributing factors, most research has shown that money is rarely the only reason an employee chooses to leave a company. It is usually a combination of a variety of other reasons that often has the biggest influence on a talented worker’s decision to seek new opportunities. In order to keep your best and brightest from walking out the door, it’s important to understand some of the non-money related causes of employee turnover.
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