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How can I reduce employee turnover?

People & Team questions

Employees are often the most expensive asset a business has, so it makes sense to hold onto them. As well as being generally disruptive, employee turnover is also time consuming, expensive and adds uncertainty that you just don’t need. Prioritising retention will allow you to continue focusing on what really matters.

Ways to help you deal with it:

Action plan

Improve your hiring and onboarding

Effort : Medium

Impact : Medium

Finding the right people to hire, and then getting them contributing in a meaningful way quickly, is a vitally important job for a business of any size.

ACTION PLANS are a structured list of steps designed to help you approach tackling a particular business challenge.

We explain why each step is important
Customise by setting your own completion dates and assign tasks
Helpful tools are provided for certain steps
A downloadable PDF version of each action plan is available

Action plan

Improve your employee appraisals process

Appraisals are a process conducted in very varying degrees of quality by businesses of all types. Done well and they provide clarity, direction and a renewed sense of purpose.

Action plan

Create career paths for your employees

Effort : Medium

With career progression the consistently top-ranked reason why people leave jobs in Britain, showing that your business can provide stimulating and rewarding career paths is essential.

Guide

An introduction to reducing staff turnover

Losing talented employees can have a knock-on effect on staff morale, performance and productivity across your organisation.

GUIDES break a challenge down, providing important context and real-world experiences.

Based on SME experiences, not corporate jargon
Filled with real-world stories
Achievable steps every business can take

Other support that’s available

Retain and motivate your best employees

Retain and motivate your best employees

Keeping your best employees motivated and engaged can have a real impact on your company's bottom-line success. So how do you encourage your most talented people to stick around and do great work?

Find out how to measure employee turnover

Find out how to measure employee turnover

Use resources from the Chartered Institute of Personnel and Development (CIPD) to better understand why people leave organisations.

How other businesses have tackled something similar

Hannah Dawson, founder of Futrli

Real business story

A great culture doesn't mean blowing the budget

The average full-time British employee will spend over 3,500 days at work during their lifetime, so it’s vital that business leaders promote and encourage a healthy and happy working culture to keep staff motivated during working hours.

Derek Eassey, VP at Brandwatch

Real business story

Upskill staff or they'll look elsewhere

By helping staff achieve their working ambitions, companies that prioritise the upskilling of current and new employees find that staff stay longer and can help boost overall productivity.

Alan Furley, director of ISL Recruitment

Real business story

Use what really drives your people to get the best results

Thinking creatively, businesses from all corners of Britain have introduced work incentives both big and small to keep staff motivation high. Each have learnt that the more inspired a workforce is the more productive they tend to be.

The questions lots of businesses are trying to answer

What issue is keeping you awake at night? A bit of targeted support is often all you need to overcome those challenges.

Select a topic

Digital

How can I improve the digital presence my business has? How should I go about collecting data to improve my business? How should I use the data I have to improve decision making? How can I streamline and automate some of our business processes? How do I work out the best digital sales channels to use? How do I assess and choose the right technology to improve business operations? How do I effectively seek external digital support? How can I understand what digital tools or support my business needs? How do I know if my technology is robust enough for growth? How should I best budget and plan for new technology investments?

Leadership & Strategy

How do I learn to become a better leader? How do I improve the communication in my business? How do I get staff interested in our vision and values? How can I reflect on my own strengths and weaknesses as a leader? How do I give my team autonomy and get better at delegating? As a leader, how do I learn to trust others within my organisation? How do I apply learnings from other businesses to my own company? How should my role as a business leader evolve with the company’s growth? How can I balance short-term needs with long-term targets? How do I get better at noticing and reacting to warning signs?

People & Team

How can I improve my hiring and onboarding practices? How can I develop the skillsets of my workforce? How can I develop career paths for my staff? How can I run a better appraisals process? How should I performance manage my staff? How do I deal with a challenging member of staff? How can I increase staff engagement and motivation? How can I keep my best members of staff? How do I manage an effective remote workforce? How can I reduce employee turnover?

Planning

How do I better inform my business plans? How do I know when to scale up my business? How can I define and communicate my vision for success? How do I ensure my business can navigate a dip in trading? How do I know when to invest in my business? How can I get better at looking internally at my business? How can I get staff interested in the financial situation? How can I make my business more resilient to change? How can I balance ambition with setting realistic goals? How can I work out what required skillsets are missing in the business?

Sales & Growth

How can we develop new products and services? How do I develop a clear unique selling point? How can we better serve our most loyal customers? How do I financially plan for new opportunities? How do I build a network to support my business? How can I get a better return on investment from my marketing? How can I identify new customers to target? How do I create targets and KPIs for my staff? How do I make sure my team and processes are ready for growth? How do I benchmark my business against competitors?