Losing a top performer costs 2.5 times their annual salary and most leaders don't see it coming until it's too late. Andrea Petrone shares the seven things that actually keep great people, and why none of them is a bigger paycheck. When a talented employee walks out the door, you lose far more than their output. You lose years of institutional knowledge, you take a hit to team morale and trust, and you absorb the time and expense of rebuilding from scratch. Research puts the cost of losing a single high performer at roughly 2.5 times their annual salary but as Andrea explains, the financial number isn't the worst part. The real damage is the disruption, and it usually happens because leaders unintentionally neglect the things that make people want to stay. In this episode, Andrea walks through seven practical shifts: paying well but going further with recognition and growth, rewarding potential instead of only past results, helping people connect their daily work to a bigger purpose, protecting their autonomy instead of micromanaging, building relationships that go beyond job titles, taking mental health and burnout seriously, and making feedback a continuous two-way conversation rather than an annual formality. Retention, he argues, isn't about flashy perks, it's about building an environment where people feel valued, trusted, and supported. 📘 PRE-ORDER MY NEW BOOK Reinvention at the Top: The Playbook for CEOs to Lead Under Pressure (Wiley) is available for pre-order now. 👉 https://www.amazon.co.uk/Reinvention-Top-Playbook-Under-Pressure/dp/1394430426 🚀 JOIN WCL21 WCL21 is a private community for CEOs leading mid-market companies, featuring confidential peer roundtables, masterclasses, and leadership conversations. 👉 https://andreapetrone.com/wcl21 📩 NEWSLETTER Join 183,000+ leaders receiving Andrea Petrone's weekly leadership insights. 👉 https://www.andreapetrone.com/newsletter/ CONNECT WITH ANDREA PETRONE LinkedIn: https://www.linkedin.com/in/andreapetrone/ Instagram: https://www.instagram.com/andreapetrone_x Subscribe for weekly conversations with researchers and executives on leadership, teams, and organizational change.

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

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