That s what it s come down to. Yet risks abound. Schackne says that employees with low turnover have adopted a philosophy that employees are part of a team and must be respected as individuals. It s more important to get the company philosophy turned around and that doesn t cost money. It s important to communicate that you are not one of the many employers who lay off people for no reason.
Nothing can be as important to employees today as security.
You cannot promise long-term employment. But if you can show you did not have a layoff or downsize in five years, even the lowest level employee will take that as a good sign that you may be a fair employer and one they can grow with. The alternative is costly turnover. You don t want to repeat the exercise next month. Still more resources for new employees.