The costs of losing high-potential employees are more than just financial—they ripple through your team’s morale and your company’s momentum. Replacing a key team member could cost up to four times their annual salary! Plus, the loss can demotivate your remaining staff, increasing turnover even more.
At PARiTA, we dive deep into understanding turnover, which costs U.S. businesses over a trillion dollars annually. How do you stop this costly cycle? It starts with meaningful conversations before your top talent even thinks of leaving.
Key Conversation Starters:
- On a scale of 1-10, how satisfied are you with your role?
- Do you receive adequate recognition for your work?
- What do you look forward to at work every day?
These questions aren’t just polite small talk—they’re crucial for retaining your best employees and ensuring they feel valued and understood.
Want to learn more about how to effectively engage with your high-potential employees and significantly reduce turnover? Click the link below to read our full blog on the “Stay” questions that could save your company millions.
