One of the main drivers behind employee turnover amongst tenured workers who are not unhappy in their current role is the desire for change and new opportunities in pursuit of variety, challenge, and stimulation. Re-recruiting your employees is the act of anticipating and meeting the desire for change before your staff look to a new opportunity to achieve it.
The importance of re-recruiting is amplified in a skills short market - there is always a competing offer available to your top talent that counters any feelings of dissatisfaction, or under appreciation, or stagnancy they have in their role, so ensuring your existing staff feel satisfied and engaged is critical to retaining them.
As the hiring market begins to gradually slow in Australia, and companies look to ‘right- sizing’ their operations in the face of mourning costs and economic pressures, retaining good staff is paramount. Navigating a constant churn of talent presents numerous passive and upfront costs, in particular the time devoted to sourcing staff and training them up.