The cost of replacing a good team member is estimated to cost between 16% and 213% of their annual salary. This means an $80k team member is likely to cost your business between $40k and $150k depending on their role responsibility. This starts to make sense when you take into account the costs around: recruitment (ads, assessment costs, recruitment time) onboarding time training (in-house and external courses) lost time on productivity impact on morale impact on other team members who have to pick up the slack impact on customers/clients lost knowledge that leaves with them Not to mention how heart broken you can feel after pouring time and energy into an awesome new team member, only to see them leave without any warning! One that you imagined staying with you forever! OK, maybe not forever but a few years at least! So why do people leave? And why do others stay? It all comes down to, of course... human psychology! Tune into this podcast to discover: Why people go and how you can help them to stay The universal human needs of every team member to hold onto your good ones The one thing you need to track to improve your retention today How to find out what motivates each of your team members When you need to start focusing on retention strategies Enjoy! x What's Your Leadership Style? >> TAKE QUIZ << Connect with Emma Visit Emma Campbell's Website Email: [email protected] Instagram: emma_lou_campbell

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“What did the council decide on item 42?” — answered with the speaker and the moment.

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