Workplace 101: A Profiles Global Business Blog

Natural Disaster's can turnover more than your house.

Natural Disaster's can turnover more than your house.

http://info.profilesinternational.com/profiles-employee-assessment-blog/bid/59870/Natural-Disaster-s-can-turnover-more-than-your-house

The impact of natural disasters on employee turnover rates.

People rush to help after a national disaster like the hurricanes in Lousiana and now into Japan to help after the Tsunami, but nothing can help the long term effects.  The impact can last for many years on the employee turnover rates. Research has showed many areas hit by natural disasters never return to have the same employee retention.

When most people think of employee retention or turnover rates, they turn to the economy and look at the government to try to understand "why".  As we have learned from past events such as Hurricane Katrina, turnover rates can be determined by a natural disaster. After all how can a business keep employees when it has to spend so much of its profits to rebuild? Natural disasters destroy homes, businesses, lives, and leave years of regression.  This is apparent with a quick visit to Louisiana's coastal regions.

After a natural disaster you are left with people without money, even with insurance, it takes time to rebuild and money is still tight in most circumstances, which means leisure spending goes down and surrounding businesses suffer.  A Turnover rate can happen in many places for many reasons, but nothing is quite as strong as the effects of a natural disaster on it. Therefore with Japan's dense population all we can hope is that they are in for a quick recovery both financially and economically.