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As a small business owner, the team you employ is a huge contributing factor to the success of your business. So when one of your star employees tells you they’re leaving, it can be devastating.
Here I explain some of the tell-tale signs to help you spot an impending resignation and some suggestions as to how to head it off.
Retention of employees is important for all businesses, but particularly for a smaller business. It can be very costly and time-consuming to fill a vacancy. So being aware that one of your most valued people might be about to jump ship, provides you with the opportunity to respond with some forethought.
These are the three most common signs an employee is about to resign:
What can I do to change their mind?
There might be things you can do, or offer them, to stop them leaving. An increase in salary is the obvious one, but not everyone is motivated solely by money, and neither can you always afford to do this. Consider other motivators, perhaps involvement in a different project, or leading a new initiative, or heading up a different area of the work.
There might be any number of different reasons why someone considers leaving their job, including factors outside of work, so if your suspicions are raised due to any of these three tell-tale signs, my best advice is to speak to the person and have an honest conversation.
What do you think? I’d love to hear your thoughts in the comments.
P.s. if you’ve got HR questions or want to learn more on how to manage people brilliantly, click here to join my secret (and free) Facebook group for UK entrepreneurs and small business owners.
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