Staff retention can be difficult as there is relatively full employment in the UK and skilled people are difficult to find. Some growing companies are held back by inapproriately skilled personnel.
Some companies also have serious concerns about losing the people they do have. Most companies have a small number of key individuals with specific skills or knowledge who are vital for the future performance of the company. Sometimes these key individuals are relatively junior in the organisation. Most of these key individuals are highly mobile and can easily find employment with other companies, sometimes direct competitors.
The cost of replacing a key individual can be extraordinarily high particularly when you take into account the cost of the disruption until the new person is in place and up to speed.
Contact us now on 0845 330 9101 because we have methods of improving your staff retention.