Search

The High Cost Of Turnover

Conceptually The High Cost of Employee Turnover in business is widely accepted. I think we can all agree that it costs companies considerable money when they make a bad hire, have a negative culture and anything that causes them to experience high turnover rate. But what about the cost of turnover, or lack thereof in life?



I would argue that the cost of turnover in life is actually much higher than in business and that the cost of NOT periodically turning over parts of your life that are no longer working actually comes at the highest price of all; our personal happiness.

So, what the fuck am I really talking about here? I'm talking about taking action to turn over your life. Relationships that no longer work for you, friends, spouses, boyfriends/girlfriends, clients, activities, your trainer, shrink, lifestyle...Whatever...What does it cost us emotionally, spiritually, financially, physically when we do not turnover what no longer serves us?

"Once you become ok with no being everyone's cup of tea, you reach a new level of self love" - Masego (As posted by my man @TheSRJ) Why do we work with the same client year after year who breaks our balls, doesn't treat us well, complains all the time and is generally un-pleasable yet we continue to seek their approval and keep their business?

Why do we accept the invitation to attend an event that we really don't want to go to, to sit with people we don't really want to sit with, to spend money we don't want to spend, for a cause that's not close to our heart and that will invariably keep us out later than we want to be; causing us to not get the sleep we require in order to make it to the workout we really want to do in the morning and perform well at?

Why do we keep our kids involved in activities or on teams that they don't truly want to be part of? Is it for us or for them? Is it because we have a fear of missing out? Don't want to rock the boat? Go along to get along? Have co-dependency issues? Want to be liked and please others?

"Close some doors. Not because of pride, incapacity or arrogance, but simply because they no longer lead somewhere" - Jay Shetty

I looked at my phone the other day and this realization hit me....The names of the people on my "Favorites" list (with the exception of family) had completely changed from last year. Why is this? When exactly did this happen? Was it one by one? I certainly don't recall a time where I literally went in into my phone and changed the whole list so this "turnover" must've happened gradually...Yet, purposefully.

Over the past two years I've been working to turnover certain aspects of my life. To release the things, people, obligations, expectations that no longer serve me and replace them with relationships, activities, lifestyle choices and people that make me happier.

(BTW, this doesn't mean that I don't "like" you or that I'm speaking "at" you or that I'm "right" and you're "wrong" or that I think I'm "better" than you - You just do you; I'll continue to work on me....)

"It took a long time - honestly until right now - for me to come out as sort of the person, the artist, mind, what I represent, how I feel, how I'd like to be spoken to, how I speak to the world in a way that actually represents who I am as a person as opposed to me trying to be something else that I'm not. I'm under construction like we all are" - Jonah Hill

I particularly identified with the "under construction" part....Some steps that I've taken that have had a positive impact (maybe not immediately, or that were initially very scary...)


  • I resigned from ROW

  • I recommitted to INSGROUP

  • I stopped taking dinner and drinks meetings and kept my evenings to my family

  • I started meeting clients and prospects for workouts and breakfasts instead

  • I fired a few clients that were making me unhappy

  • A few clients fired me

  • I proactively sought out new clients that live a more similar lifestyle

  • I focused on businesses in areas I am passionate about

  • I began focusing on spending time with people who are more like minded

  • I stopped coaching

  • I got a coach

  • I made a budget

  • I made a schedule

  • I started saying NO, more than YES

  • I started going to events, places and experiences that interested me

  • I stopped going to the things that didn't...

  • I started being content and "present" and placing a higher value on my time and balance

  • I stopped trying to fill every minute with activity, communication and being "somewhere"

  • I started acting positively instead of reacting negatively

  • I stopped trying to please everyone

There is an irrefutable correlation between personal and professional lives. Stress in one area bleeds out to stress in other parts of life. A study from Oregon University found that a happy home life begets happiness and productivity in the workplace as well.If you want to be a happy person, you need happiness in all areas of your life. This happiness stems from living a work-life balance that aligns your values and priorities appropriately.

Health is the foundation to happiness and productivity. If you don't have a healthy mind and body, you can't work at peak capacity. (inc. mag)

"The thing about people's lack of support and lack of belief in you, is that once you gain awareness, it is actually more helpful than detrimental. It becomes the fuel that ignites extraordinary belief within you and strengthens you in a way that propels you forward into success." - The JB Podcast

Mark Manson wrote an excellent piece last week called "The Choose Your Own Adventure Guide To Solving Relationship Problems". Check it out. I grew up on those Choose Your Own Adventure Books so I love this concept. Like I used to do with the books themselves though, I "cheated" and read both of the "choices" all the time....

You may or may not be wrestling with some or all of the stuff I am - it's a lot to chew on and I'm not suggesting that a complete turnover is the answer. Pick your spots. Maybe it's your health that's suffering a bit. Perhaps it's your home life? Finances, career, friendships...Whatever it is, you may want to consider the high cost of turnover.

Good luck - We're all "Under Construction".

1 view

SUBSCRIBE VIA EMAIL

fcf2fb_160e0ebeab534b31ac8dab6c0f15093a~
  • Black YouTube Icon
  • Black LinkedIn Icon

© 2018 Greg Scheinman. All Rights Reserved.