A SHEFFIELD recruitment agency is warning that low staff turnover could be damaging the prospects of Yorkshire firms.
The Sharp Consultancy says high turnover has traditionally been a cause for concern, but fears about the economy and job security are now prompting many staff to stay in jobs they don’t like and aren’t interested in.
The firm says recent research shows that less than two out of five employees are ‘engaged’ at work, which is worrying because a lack of interest can lead to much lower levels of productivity.
What’s more, that is happening at a time when financial directors and chief operating officers attending a recent meeting organised by the financial recruitment specialists were saying that high levels of staff motivation and engagement were fundamental to economic recovery in Yorkshire.
Sharp Consultancy regional director Lee Sweeney said: “Companies are always looking at ways in which to improve staff retention and indeed high levels of employee turnover can be disruptive and detrimental to the day to day running of an organisation.
“However, a certain amount of manageable turnover is beneficial for a company as it allows them to bring in fresh blood, change their approach in certain areas and reinvigorate the remaining workforce with new ideas and experiences.
“Employees themselves also reap major benefits from taking up a new position – not only financially – where the prospect of a new challenge and working with a different team can give a boost to an individual and take their career in a new direction.”