High turnover (over 50% a year) loses knowledge investments in a R&D environment and can be detrimental to the company's growth, at least technologically. Likewise, a very low turnover rate can also be detrimental as there are little "fresh ideas" coming in from outside the company.
The right balance is an inexact science to be sure... But more on topic, I think we're blurring the distinction between employee retention and employee satisfaction. The two are related but not synonymous. Retention is the rate at which you turn over staff. Satisfaction can impact the retention but generally is more what we're talking about - making a healthy work environment for employees (who may or may not stick around for the long haul regardless of satisfaction). On 6/14/07, Brierley, Sean <[EMAIL PROTECTED]> wrote: > So, a high rate of turnover is meaningless in that as long as there is > always someone willing to be employed by an employer, retention is > working? > > I agree, though, I would say most companies offer some level of > incentives, from free coffee to annual picnics to employee of the month. > > Cheers, > > Sean > > -----Original Message----- > From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] > On Behalf Of Gene Kim-Eng > Sent: Thursday, June 14, 2007 11:20 AM > To: [email protected] > Subject: Re: [TCP] employee retention > > On those terms, I would say that the majority of US companies probably > qualify as making some attempt to retain employees, with the level of > effort rising with the employees' perceived value. > Even in economic booms you don't hear reports of whole industries > collapsing because companies lost employees faster than they could hire > them. > > > DISCLAIMER: > Important Notice ************************************************* > This e-mail may contain information that is confidential, privileged or > otherwise protected from disclosure. If you are not an intended recipient of > this e-mail, do not duplicate or redistribute it by any means. Please delete > it and any attachments and notify the sender that you have received it in > error. Unintended recipients are prohibited from taking action on the basis > of information in this e-mail.E-mail messages may contain computer viruses or > other defects, may not be accurately replicated on other systems, or may be > intercepted, deleted or interfered with without the knowledge of the sender > or the intended recipient. If you are not comfortable with the risks > associated with e-mail messages, you may decide not to use e-mail to > communicate with IPC. IPC reserves the right, to the extent and under > circumstances permitted by applicable law, to retain, monitor and intercept > e-mail messages to and from its systems. > > ______________________________________________ > > Author Help files and create printed documentation with Doc-To-Help. > New release adds Team Authoring Support, enhanced Web-based help > technology and PDF output. Learn more at www.doctohelp.com/tcp. > > > Interactive 3D Documentation > Parts catalogs, animated instructions, and more. www.i3deverywhere.com > _______________________________________________ > > Technical Communication Professionals > > Post a message to the list: email [EMAIL PROTECTED] > > Subscribe, unsubscribe, archives, account options, list info: > http://techcommpros.com/mailman/listinfo/tcp_techcommpros.com > Subscribe (email): send a blank message to [EMAIL PROTECTED] > Unsubscribe (email): send a blank message to [EMAIL PROTECTED] > > Need help? Contact [EMAIL PROTECTED] > > Get the TCP whole experience! http://www.techcommpros.com > -- Bill Swallow HATT List Owner WWP-Users List Owner Senior Member STC, TechValley Chapter STC Single-Sourcing SIG Manager http://techcommdood.blogspot.com avid homebrewer and proud beer snob "I see your OOO message and raise you a clue." ______________________________________________ Author Help files and create printed documentation with Doc-To-Help. New release adds Team Authoring Support, enhanced Web-based help technology and PDF output. Learn more at www.doctohelp.com/tcp. Interactive 3D Documentation Parts catalogs, animated instructions, and more. www.i3deverywhere.com _______________________________________________ Technical Communication Professionals Post a message to the list: email [EMAIL PROTECTED] Subscribe, unsubscribe, archives, account options, list info: http://techcommpros.com/mailman/listinfo/tcp_techcommpros.com Subscribe (email): send a blank message to [EMAIL PROTECTED] Unsubscribe (email): send a blank message to [EMAIL PROTECTED] Need help? Contact [EMAIL PROTECTED] Get the TCP whole experience! http://www.techcommpros.com
