It's that time of year again! Japa season is upon us, and that means many employees will be resigning to go back to school or pursue other opportunities. While it's always unfortunate to see good employees leave, there are ways to minimize the cost associated with turnover. In this blog post, we'll share some tips on how to do just that.




When an employee resigns, several costs must be borne by the company. These include the cost of recruiting and training a replacement, the lost productivity while the position is vacant, and the severance pay that may be owed to the departing employee.




While there's no way to avoid these costs completely, there are steps you can take to minimize them. Here are a few tips:




1. Have a clear and up-to-date job description: This will help you attract better candidates when you do have to recruit. It will also help you screen out candidates who are not a good fit for the position.




2. Do your due diligence during the hiring process: This includes things like checking references and doing background checks. The better you know your candidates, the less likely you are to end up with a bad hire.




3. Invest in training and development: This will help reduce turnover by making your employees more engaged and productive. Additionally, it will make it easier to promote from within when positions do open up.




4. Be clear about expectations: Employees who are unclear about their job duties are more likely to become disengaged and more likely to quit. Make sure you take the time to onboard new hires properly and set clear expectations from the start.




5. Offer competitive compensation: One of the most important factors in retaining employees. Make sure your salaries are competitive with those of similar companies in your industry.



However, there are other steps that businesses can take to minimize the impact of Japa season.




One way to save costs when an employee resigns during Japa season is to offer a severance package. This will help the business to avoid having to pay for the employee's return flight ticket and other associated costs. Furthermore, the business can use this opportunity to train a new employee who can then take over the role of the departing employee.




Another way to save costs when an employee resigns during Japa season is to offer a work-from-home arrangement. This will allow the business to avoid the cost of renting an office space for the duration of the leave period. Furthermore, it will also allow the business to keep its core team members in Nigeria while still being productive.



Japa season can be a challenging time for businesses in Nigeria due to the shortage of manpower. However, these are steps that businesses can take to save costs when an employee resigns during this period.

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