Episode 75

Managing turnover during company growth

In this episode of Startup Survival, we’re talking about one of my least favorite topics ever: employee turnover. Turnover sucks for any company, but within a small business, that turnover can really make or break you.

I’ve been dealing with turnover at my company lately, which led me to dive deeper into why the turnover was happening. I talked to department managers and employees, studied exit interviews and looked for trends to help us reduce the turnover rate within the company. 

At the end of the episode, I’m sharing the three steps I took to address this challenge within my company. It’s still a work in progress, but I know we’ll get there with honesty, accountability and plenty of feedback. 

If you like this episode, check out these resources.

Podcast: How to handle hiring mistakes

Podcast: 11 things you NEED to do before hiring

Blog: Are entrepreneurial employees a flight risk?

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