Employee turnover might seem harmless, but it's become a real pain for companies today. A 2019 Gallup study shows that U.S. businesses could lose up to a trillion dollars each year due to employees leaving. What could be the issue? Often, workers feel their skills are wasted or there's too much inefficiency in their roles. Losing good staff is a big problem; it's like throwing money into a black hole that gives nothing back and pulls everyone down with it.
Reports by Gallup indicate that only 15 percent of employees all over the world feel engaged at work. And that only leaves a staggering 85 percent that does not care less or are for the most part very unconcerned. This huge disinterest looks at how employers need to look for ways to align the strength of the employee with what the organization wants to achieve. While quite often it is not taken into account, skill mapping is becoming one of the most effective approaches to address this problem.