Six ways to retain employees. The difference between a good turnaround and a bad turnaround. Let's get started so you can start capturing your best talents. Free Guide: A Blueprint for a More Profitable Agency Why turnover is so deadly In a marketing agency, when team members leave, it creates ripples that are felt by colleagues and clients alike. When a strategist or account manager gives notice, service is disrupted and customers get upset.
As the head of the agency, you must scramble to find a replacement so that services can resume normally. At the same time, many small institutions have razor-thin margins. As a result, it is difficult for them to afford more mature and experienced talent. Younger industry mailing list are cheaper, but they're cheaper for a reason -- and they're also more likely to leave after a year or two of experience. Staff turnover means instability , which often leads to customer departures.
More turnover leads to more churn. More churn leads to more turnover. If this sounds like your organization, you know you need to do something to retain your valuable employees. Like anything else, employee retention begins when you admit that you have a problem. 7 ways to retain talent Retaining top employees is no accident.