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Imagine for a moment this scenario from a frustrated Senior Manager of a large pharmaceutical organization: ?Our organization has experienced a large turnover among project managers in the past year. This creates problems providing ongoing quality and service to our stakeholders. We just don't know what is causing the problem!? Sound familiar? Well you're not alone. I remember that filmmaker Woody Allen once said that ?80% of success is showing up.? However Wholesale Nazem Kadri Jersey , the greater challenge is finding ways to keep people there.


Employee turnover is simply a fact of life in the business world. The days when employees would stay and grow with a company for the duration of their working life are gone. Studies today reveal that individuals stay with their current employer a maximum of five years before moving on. While 0% turnover is simply unrealistic, increased turnover in your organization could indicate a serious problem in your working environment.


In a random poll of project managers conducted for this article, the following reasons were given for high turnover among project managers at organizations today:


? Internal communication problems
? Poor time management
? Trouble scheduling and controlling staff
? Lack of project manager authority and experience
? Poor staff training
? No project management toolssystems
? Monetary compensation


Organizations are in a constant state of restructuring. The demand for experienced and dedicated project managers is on the rise Wholesale Auston Matthews Jersey , however it seems that less experienced personnel are attracted to the profession. So then why do some organizations experience increased turnover?


Generally speaking, the US Bureau of Labor Statistics recently found that 40% of those that quit their jobs were doing so because they simply felt a lack of appreciation, of teamwork Wholesale Mitchell Marner Jersey , that the organization was perceived to not care about employees. Serious charges from 40% of the people.


As of February 2005, the average turnover rate in the United States was 3.1%. And while that number seems low, when you think about how many employed individuals there are in the United States alone that number can be staggering. And yet many organizations let turnover go undetected.


CEO's just accept it as part of doing business in today's competitive marketplace. But more cost conscious and successful organizations will see the negative cost factors that turnover inevitably will have on productivity Cheap Tyler Ennis Jersey , quality and service.


F. Leigh Branham believes there are Six Truths About Employee Turnover. They are as follows:


1. Turnover Happens
2. Some Turnover Can be Desirable
3. Turnover is Costly
4. More Money is NOT Always the Answer
5. Management Holds the Key to Keeping Talent
6. Reducing Turnover Starts with Commitment


All of the above information while general can also be applied to the profession of the project manager.


The Domino Effect


The loss of a project manager during any phase of the project can signal disaster. Many times while the methodologies for managing projects are set forth by the PMO (Project Management Office), individuals have their own unique system for completing tasks and organizing workloads. Therefore, the ramp up time associated with trying to decipher how an individual works can bring the project to a screeching halt. Project staff members find themselves asking the following questions after a project manager departs:


? Where did they leave off?
? Who were their contacts?
? Were they organized?
? Will there be ramp up time associated with understanding their job?
? Were they on schedule or will you need to bring the project up to speed?
? Is it more cost effective to divide the work or train someone new?
? Have stakeholders been notified of any new developments?
? Has the budget been adhered to?


In fact the departure of a project manager influences all of the following:


Scope ? What needs to get done
Time ? Ramp up increases
Cost ? Overtime and training
Quality ? Deadlines effect final outcome
Communication ? Promises made cannot always be kept
Procurement ? Poor choice of outside vendors


So how then can turnover be prevented among project managers? As we discussed in the beginning Cheap Jake Gardiner Jersey , 0% turnover is improbable. Limited turnover however can be viewed as desirable for organizations. For instance new employees are bound to bring new ideas and methods with them thus revitalizing what might have been a stale environment to work in.


But turnover in and of itself is not fully understood. Many organizations fail to realize the high costs associated with turnover at many levels. Turnover can become a financial burden to your organization with recruitment and selection costs, training for new employees, ramp-up time Cheap Morgan Rielly Jersey , increased work loads for existing employees, overtime, reduced productivity and that's just naming a few. In fact it costs a company approximately 13 of a new hire's salary to replace an employee. If more organizations took the time to view turnover as a financial hit rather than passing it off as part of day to day business life they might save their organizations ten's of thousands of dollars.


There are ways to not only reduce the amount of turnover at your organization but also to be prepared for it. In the random poll of project managers conducted for this article Cheap Frederik Andersen Jersey , the following suggestions were given as ways to reduce the amount of turnover among project managers:


? Offer training opportunities to increase knowledge areas
? Assess the changing workforce culture
? Measure the companies turnover rate
? Become more employee oriented
? Hire the right people
? Set up effective Change Management


While change in inevitable in an organization, you can be prepared. Issues arise in the normal course of project activities and time The modern busy an. Cheap Jerseys Cheap Jerseys Wholesale Cheap Authentic Jerseys Cheap Jerseys China Wholesale Cheap Jerseys China Wholesale Cheap NFL Jerseys Wholesale Cheap NFL Jerseys Online Cheap Football Jerseys Cheap Football Jerseys Cheap NFL Nike Jerseys