How to deal with turnover in a company.

good morning thank you for joining me on my walk to work I want to talk about employee turnover alright nothing to be more damaging to the morale of a company than turning over employees nothing puts a company in more uncertainty than when people leave or even sometimes when new people come in but that is a fact of life Google right now after you got the phone me Google Google what the average tenure is of a millennial all right you'll see different opinions but it's generally about 1.2 years the average millennial that somebody 34 years and younger stays in a job and we've had turnover at wealthy commercials the team that I have today is very different than the first team that I had when I started I'm two and a half years into this game so that means my my my staff is turned over not twice but probably wanted a half times and when people leave scares people happens in every single business I tell them I say to my employees right it's very important at that time that the boss steps up and the owner steps up and he says to the people I say this my people all the time I say to them hey listen when you see me scared that's when you get scared I tell us to my wife also all the time when you see me scared that's when you start to get scared a good boss in those times what is he gonna do he's gonna give strength to the people he's going to give confidence to the people I usually give bonuses to the people around me I sit down with the people around me I tell them how great that they're doing I tell them what a good job they're doing reinforced their confidence reinforced the stability and get on hiring new people as soon as humanly possible and make sure that their stability in the company and shored up and the boss of the company everybody in the company for that matter has to work ten times at heart as hard in those moments to keep everything going because what happens is eventually you're going to find somebody usually that person is better brighter faster fresher brings new ideas brings new blood into the system and it usually being a blessing in disguise so if you're having turnover in your office right now whether you're the boss firm up and if you're an employee or a talent or a staff member firm yourself up to go to your boss say hey listen boss I know this a little bit of turbulence right now but I just want to let you know I'm with you brother I'm with you sister watch how much that goes watch how much your boss appreciates that when they see that you're a team member that they could count on they're gonna love you for it and by the way I'm not saying it's wrong to leave a company you're allowed to it's a free world people should go chase their dreams people should go you know explore their horizons but not necessarily is it always better at the next place right sometimes it's better to stay where you are and grow and build something strong with a strong foundation anyways put a smile on the face ladies gentlemen it's part of life business ain't easy that's why we're in it that's why we're into winning god bless have a great day