HRMorning.com » Let’s say the recession ends: Let’s say your top performers leave

Let’s say the recession ends: Let’s say your top performers leave

August 24, 2009 by Jim Giuliano
Posted in: In this week's e-newsletter, Retention and turnover

Everyone wants to see the recession end — particularly your employees who are ready to leave for another job.

Some of your top performers may simply be biding their time until the first clear signs of recovery — then walking right into the arms of the competition.

At least that’s what an Adecco Group study found. According to the study, 54% of working Americans are likely to look for new jobs once the economy rebounds.

And one group in particular is most likely to bolt. Seventy-one percent of Gen Y workers, those ages 18-29, are likely to look for new jobs once the upturn starts.

Rather than waiting until valued employees are regularly leaving early for “doctor’s appointments” in a suit and tie, get together with staffers more often to see how they’re doing. These informal chats may help to clue you in on a major problem — before it’s too late.

In addition, here are proven ways to retain top performers on the cheap.

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