Voluntary Turnover

According to the International Business Times, “34% of Human Resource Managers reported

*Voluntary Turnover in organizations rose in 2011.  Employers pointed to the desire for higher compensation and feeling overworked as the top two reason employees gave for resigning.  30% of employers said they lost top performers to other organizations in 2011 and 43% stated they are concerned top talent may jump ship in 2012.” 

Let’s face it!  Employers have cut back to skeleton staffs and have expected the remaining employees to cover for others’ tasks until there are better economic times. “We overwork the willing and under work the not so willing” is a theory I have preached to managers for years.  This action leads to burnout from dedicated, talented employees and they will seek other employment.

I am excited talented employees, even during the tough economic times in 2011, had the courage to take their talents to where they will be better appreciated and receive more money for doing so.  Let’s hear it for Voluntary Turnover!

*This used to be called “I got a better job so I’m leaving!”