Why are job-hopping young employees such a problem for small companies?
When you lose someone, your investment in recruitment and training goes out the door with them. You’re not getting the return that you need on that investment. If you only have one way of employing people — on-site, full-time, uninterrupted, and exclusive — then you’ve only got one way to get a return on your investment in that person. And that’s just bad business. The other problem is that so many companies have all of the market opportunities, but they can’t seize them because they can’t staff as much work as they can sell. Q: How can you get Gen Xers and Gen Ys to stay with your company long enough to get the job done? A: Have more than one way of employing people. Companies that get good at being fluid, flexible, and maintaining ongoing relationships with their employees are going to get work done. Instead of thinking about filling positions on an organizational chart, think about how to get the work done. What actually needs to happen? We recommend a reserve-army approach. When
