Ghosting Takes On Employee Turnover

Employee turnover is extremely costly and the problem is growing worse.

Employee turnover is a growing storm with no plans of slowing down in the near future. Last year alone, employees paid $600 billion in employee turnover costs and that figure is only expected to rise to $680 billion by 2020. Ghosting is the recent driver in employee turnover as 77% of 2018’s turnover could have been prevented by turnover. As the number of available jobs is outpacing the number of the unemployed, job candidates have the luxury of being choosy. Knowing this, what continues to fuel ghosting?

Firstly, ghosting is when the person with whom you were having a relationship with suddenly withdraws from communication. Similar behavior has gatewayed into the job market. For example, the number of candidates flaking on scheduled job interviews is increasing. Even further, some accept job offers only to not appear for their first day of work, or even decide to never come back instead of formally quitting.

On the other hand, management may not even realize they’ve been ghosted until after multiple failed attempts to contact the employee, or simply after several days of no-shows. Continue reading below for specific insight on not only why employees are ghosting but also how employers can prevent becoming a victim of ghosting.

 

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