Scaling a business is thrilling—but also deeply unsettling. You’re not just juggling revenue goals...
Why Your Hiring Strategy Could be Like a Leaky Faucet (And How to Fix It)
Let’s be honest: turnover is the workplace equivalent of a slow, annoying drip. It’s not catastrophic at first, but over time it soaks your budget, erodes morale, and leaves you staring at yet another “out of office—permanently” email.
But here’s the thing: turnover isn’t inevitable. It’s a completely solvable problem—if you stop trying to patch the leaks with duct tape.
Turnover: The Costliest Leak in Your Business
You probably already know turnover is expensive, but let’s put some numbers on it:
- Turnover Costs: Replacing an employee costs 33% of their annual salary. Lose a $100K hire? Congrats, you just burned $33K.
- Productivity Sinkhole: Every bad hire slows your team down, drains energy, and leaves everyone counting down to Friday by Monday morning.
- Cultural Decay: High turnover screams “unstable,” which isn’t exactly the vibe you’re going for when attracting talent.
Why Is This Happening? You’re Hiring the Wrong People
Here’s a tough truth: too many companies are hiring candidates who are compensation-driven. According to LinkedIn, 49% of employees leave jobs because they’re chasing bigger paychecks. That’s fine for them—but a disaster for you.
What you need are mission-driven leaders. And spoiler alert: former military officers fit the bill perfectly.
Former Military Officers: A Potential Fix for Your Turnover Problem
Here’s why these leaders are exactly what your company needs:
- Mission > Money: They’re wired to focus on purpose, not just the size of their paycheck. They want to make an impact.
- Loyalty is Built In: Former officers are 30% more likely to stay long-term, giving you stability and consistency.
- They Hit the Ground Running: Their adaptability and discipline mean they don’t need months to figure things out—they’re ready to go on day one.
Companies That Solved It (And Thrived)
Tesla: When Tesla scaled operations, they turned to former military officers who could manage chaos, complexity, and deadlines. The result? A team that thrives under pressure.
Booz Allen Hamilton: Booz Allen’s commitment to hiring veterans has transformed their workforce, bringing a culture of discipline and problem-solving to their high-stakes projects.
AWS: Amazon Web Services built a team of mission-driven leaders from military backgrounds to handle its explosive growth and infrastructure needs.
The Fix: How to Plug the Leak
Fixing your turnover problem is simpler than you think:
- Stop Chasing Flashy Resumes: Focus on candidates with leadership, adaptability, and a mission-driven mindset.
- Hire for Longevity: Look for talent that aligns with your culture and will stay to grow with your team.
- Rethink Your Strategy: Tap into talent pools that prioritize purpose—like former military officers—and watch the difference.
The Bottom Line: This Problem Is Totally Fixable
Turnover doesn’t have to be your business’s Achilles’ heel. You don’t need to keep watching talent walk out the door—or worse, hire people who are already eyeing their next gig.
With the right approach, you can stop the leaks, build a team that sticks, and finally sleep at night knowing you’ve solved your most expensive problem. The question isn’t “Can this be fixed?” It’s “How soon do we start?”
So grab a wrench and let’s tighten this thing up.