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Employers Need to Make Peace with High Staff Turnover


A recent UK survey of senior HR people revealed that whilst 53% of them ranked talent shortages as the biggest threat to their businesses continuity, only 19% felt they were ready to face the challenges of acute staff turnover and candidate scarcity. 

Piers Hudson, senior director at Gartner HR makes practical suggestions of how businesses can adapt to this global hyper competitive job market dominated by mass turnover to ensure talent shortages do not stifle long-term success.


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Recommendations include slowing down turnover rates by:

  • supporting employees personal lives and goals
  • shifting the focus away from compensation, benefits, and development
  • rethink job-design, benefits, and workplace culture. 


Time vs. Compensation is already taking hold with the emergent 4-day week movement making large gains in the UK and significant gains in New Zealand, Australia and the US. Hudson suggests going beyond the 4-day week to include initiatives such as Guaranteed Maximum Workloads and ensuring those changes are communicated to former employees to encourage re-hires as much as they are to the precious workforce you’ve got.


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An easy reference document covering the whole process from scoping the Job Description for upcoming vacancies, right through to making better job offers than your competitors and sealing the deal, and every step in between.  Written by Accounting firm Partners, HR/People Management professionals within the accounting and bookkeeping sector and drawing on established and emerging best practice in selection techniques in Australasia, the UK and US, you can have access to a wealth of practical recruitment and selection knowledge and links to external expertise and reusable templates whenever you need it.


You can read the full article, authored by Piers Hudson and first published in the UK’s CIPD magazine, at this link:  




About the Authors

Giles Pearson FCA was a PwC Partner for 18 years before jointly setting up Accountests.  

Steve Evans has a whole career dedicated to enabling employers to attract, recruit, develop and retain talented individuals and teams, with particular expertise in candidate testing and assessment before setting up Accountests.

Accountests deliver the world’s only online suite of annually updated and country-specific technical knowledge tests designed by accountants for accountants and bookkeepers. 

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