Recently I was involved in a conversation with an executive about what I did. We spoke about the backbone of his company. The people who made him money and helped grow his company. We covered the importance of not having turnover in this area and making these people as productive as possible. After we talked for a while he said, “Oh so you are a strength coach for my backbone!!” I had never thought about it that way; but, he was correct.
High value employees can smell desperation from miles away. They will have plenty of opportunities and will not go somewhere that is desperate. High value employees always know what comes along with the desperation. They want no part of it. Low value candidates will look for desperation. They know they have a greater chance of being hired. Low value will not care about the other factors as it will not affect them.
Over the last few weeks, I have had the opportunity to speak with numerous people all over the globe. Whether they were in North or South America, Europe, Asia or Australia the discussions were identical. Everyone agreed employee turnover is a huge problem. They also shared their employee turnover never became dramatically better. Many times a small improvement would be short lived.