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For ring games, it's best to say, "Game ends at 8:00pm, if you want to leave before then, you have to pay all your blinds up to that point." So if you're playing like 2/4, then person has to pay $3 for each time around the table he would have been sitting there and folding. The blinds can either be posted to upcoming pots, or it can be paid to players at the table.
This entices people to stay and play longer, and if they do want to leave with a big stack, it will cost them. It's "better value" to just sit there and look at your hands then leave, and thus they're more likely to give play to the table and might lose some money back.
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