; a high retention rate is a flag for success.
The Dangers of a High Retention rate
Despite the many benefits of lower turnover, a high retention rate can be a warning sign indicating a step in the wrong direction. The handful of employees that are leaving may be the company’s best and brightest because of a lack of opportunities to grow and be challenged. It is this culture of complacency that accepts mediocre work as the standard.
Meanwhile, the highest performers output 400% more in productivity, than the average employee and cost more to replace . Despite their inherent value, less than half of high performers are satisfied with their jobs, and 1 in 5 say they are likely to leave in the next six months.
Why Employees Leave
When the only turnover exists as a result of key performers, the reason for employee dissatisfaction is often beyond poor relationships with the boss. The real culprit is a lack of challenges and a manager that does not understand how to coach their highest performers.
The Predictive Index Behavioural AssessmentTM
Analytics tools such as the Predictive Index Behavioural Assessment™ provide insights into the motivations and drives of human behaviour. Managers are empowered with objective data to better manage their employees and provide them with the proper challenges they need to stay engaged.
As a result, employees feel that their needs are being met and their work is valued. A high retention rate, when implementing the Predictive Index Behavioural Assessment™ means retaining the best talent for your organization.
If you are interested in learning more about the Predictive Index Behavioural Assessment™ click here, or to view how all our workforce analytics can help you make better people decisions, click here.
 Bonne, E. (2017, April 17). Employee Retention: The True Cost of Losing Your Talent. Retrieved from https://www.wrike.com/blog/employee-retention-true-cost-losing-best-talent/