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Positive Reasons Why Employee Turnover Can Be a Good Thing Employee turnover is the bane of many an organization. If you pick up any business paper, you will find headline after headline screaming about how much turnover is costing companies and how to keep your employees happy and on board to avoid the headaches and hassles of high turnover. The tide, however, is starting to turn. More and more business experts are stepping up and saying turnover doesn’t have to be the end of the world. In fact, in some cases, turnover can be the best thing that ever happened to your company. While some turnover is as bad as traditional wisdom assumes it is, other instances of turnover can be a real positive for your business. How can turnover possibly be a good thing? It all comes down to who is leaving the company, and why. Every office has its workers that are a drag on the business for one reason or another. Maybe the employee is dissatisfied with their job because they have been working it for too long and are overqualified, but they don’t have any room for advancement. Maybe an employee thinks that all of the decisions you are making about the business are the wrong ones and are constantly critical. Maybe the employee just has a personality conflict with the other people in the company and you and other works simply don’t like them very much. When these kinds of employees leave your company, it can be a shot of life into the business. Suddenly, everyone feels hopeful and re-energized because the negative energy in the air is gone. Negative vibes in the office can have a very damaging effect on the staff, and by extension, your business. When the person causing the bad feeling heads for the highway, they take with them all of the problems they created. Not only does the departure of an employee who was causing trouble in the office boost morale for the employees who are left behind because the bad feelings are gone, but it also boosts morale because it creates a job opening within company. If the person who left was a superior to many people in the office, there is now an instant opportunity for advancement. Your workers will step up with their games as they vie for the position, creating new business opportunities for you and generally keeping the spirit high in the office. If you decide to promote from within whenever possible after a turnover, your employees will work harder with the knowledge that they have a chance of moving up. These turnover positives hold true whether the employee in question quit the job or was fired. Who they were in the company and why they left are often much more important in determining whether the turnover was positive or negative. While losing an employee who is bringing everyone else down is a positive thing for your business, losing an employee who was an integral part of the corporation is another. Of course, there are costs involved in a turnover – you have to re-train an employee, and if you hire from outside of the company, you have the costs of advertising the job and the cost of the time spent interviewing candidates. If you are losing employee after employee, and the employees you are losing are the ones who were holding things together at the office, then you need to consider things you can do to reverse the turnover trend. Despite the potential negative side, turnover doesn’t have to be a bad thing for your company. If you manage it properly and if you are dropping employees who have been bringing your business down, turnover could be just the thing to turn your fortunes around.

How to Be a Better Employee when You Work for Yourself Whether you are just starting or you have had your own business for many years, there are many reasons why you would be a better employee when you work for yourself. The biggest reason of all is probably that you work to make your own living. You do not just get a salary. If you as the boss and owner of the business do not produce the work and effort needed, you most likely will not make any money. If your business is not only providing for you, but also for you family, it is even more important that you make profit of your company. No profit and income from your joint venture means no food on your family’s table and that is a serious problem. For this monetary reason, many self-employed workers work harder, longer and put more effort in than other employees. Another reason lies within proving that your business can be successful. You want to be top-notch in what you are doing. Whether it is manufacturing products or offering services, if it is your own business, you are taking pride in what you do and you want to prove to customers and others that you are their first choice. Then you need to deliver quality. Often times as an owner of a business, you make sure that everything is one hundred percent and that is more than you would most likely give for somebody else’s business. If you work for a company as one of their employees, you might wonder why you should work long hours each and everyday, without the benefits. However, when it is your own business, money flows right into your pockets and every profit you gain from working harder can be yours immediately. Also, if you belong to the group of people that like to decide when they start work, when they finish and what they do, then being your own boss is probably one of the best choices for you. It is easier to work better and give more energy in what you do when you can decide what exactly you want to work on. Of course, some things always have to be done, but you can more or less decide whether you want to do it now or at ten o’clock at night. Did you also know that most of people would work better when they are having people that are under them? You are trying to set an example in work ethics, hours worked and projects completed and therefore, you will put extra effort in what you do when you are working for yourself. Your employees take you as an example for how they should do their work and if you just hang around and do nothing, why would your employees be motivated to do something? But if they get feedback and motivation from you and can see that you put just as much effort or even more into the company, they are more likely willing to follow in the footprints that you have left for them. Keep in mind, that when working for yourself, you are your own resource and motivator. Therefore it is important that you keep better work ethics than when you work for somebody else to not risk what you started. A hard working company owner most often gets rewarded with a growing business and happy customers that will come back year after year. Customers do like to be appreciated and a hard working business owner that will get on their case immediately is one way of appreciation to them.