More Than a Title and a Salary
What do employees want in 2023?
According to recent studies (Forbes, World Economic Forum), employees want the following in their work environment:
- Work-life balance
- Belonging
- Unretirement
- Flexibility
- Being measured by their outcome vs. output (impact they deliver vs. the work output they produce)
The common element that is needed for these to happen is TRUST. Employees and employers need to trust each other. Coaching and training all team members in such important skills as communication, leadership, empathy, and emotional intelligence increase the likelihood that mutual trust will happen, and when it does, employees are more engaged and, therefore much less likely to cost the company money in the form of disengagement and turnover.
No Training Will Cost You
Employee Attrition
Employee Attrition
Employee Attrition
Employee retention is a hot topic. What is the financial cost of losing a top performer? For each employee lost, the cost to the company could be 50% - 250% of their annual salary. (SHRM)
See page 3 of the PDF for an example.
Disengagement
Employee Attrition
Employee Attrition
Right off the bat, according to Gallup, 17% of your workforce is actively disengaged.
Disengagement means being unhappy and acting out that unhappiness at work in the form of searching for another job online at work, tardiness, absences, and decreased productivity. Gallup estimated that a disengaged employee costs an organization approximately 34% of their salary!
See page 4 of the PDF for an example.