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You offer good rates of pay, with good terms and conditions. Your staff enjoy a high level of morale. Are you pleased that few employees ever want to leave? Okay - you benefit from their increasing experience and knowledge of your product and processes. And you avoid spiralling re-recruitment costs. BUT - over the years - your workforce ages. Unless you expand, you will be taking on few new workers, so your company will not gain from the new ideas and greater understanding of new methods that such 'fresh blood' can bring to an organisation. Eventually, you will be faced with a large proportion of your workforce approaching retirement at around the same time - taking a lifetime of skill and experience with them. They will leave behind a void that could far exceed your resources for skills training. And remember that you can not train in 'experience'. Your company NEEDS a regular infusion of new blood - fresh ideas and methods coming in to replace a phased departure of retirees. A flowing stream rather than a stagnant pool. But HOW can you achieve this if workers won't leave of their own accord? After all, redundancy is not an option if the jobs are to be refilled. And workers are less likely to leave because:
The Answer? CLICK HERE |