Preparing for
Turnover
Preparing for turnover will allow you to stabilize the
disruption that it causes. There will always be turnover, but some elements have
created an environment of necessary change that has led to higher turnover
rates. The new elements include:
-
The need for constant change to keep a business healthy
-
Value migration of customer wants and needs
-
Technology
-
Pace of business functions
-
Definition of competition
-
A changed relationship between an organization and its
employees
-
Mobility
-
Demographic and cultural shifts
As you look back through the department’s records, try to
determine what the turnover rate has been and, if the trend continues, what it
might be in the future. Also try to determine the level of experience of the
departing salespeople. Were they new hires, experienced, or ‘‘old pros’’? Is the
ratio changing? If the results are correct, you can now estimate the number of
new employees you will need to fill in for the departing ones on an annual
basis.