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Does it seem like your recruitment firm is constantly working towards making up for the high attrition rate your company is suffering from? Are those people leaving too who have not worked for the company for long? Then it is time for either your HR Strategy Consultants to try to understand the root cause of this or your Strategy Execution Consulting Firms need to step in. It is a simple fact that an employee who is satisfied would not think of leaving the job. So if you have a high attrition rate, it is time to make a change and bring in a few changes in your organisation.
Human by nature is adaptable. A positive work environment would motivate people to do their work efficiently whereas an environment with high turnover rates can lead to low employee morale, decreased productivity, and huge costs directly impacting your business. This problem becomes even bigger if your key team members are leaving the company. The higher attrition rate needs to be addressed proactively and immediately, before it becomes an even bigger problem.
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