You've got a revolving door of employees leaving, and being replaced, with all the cost and headaches in between.
You're dealing with having the wrong people in the wrong roles or wasting time with candidates who aren't a great fit from the start.
LinkedIn surveys showed 61% of workers wanted to quit their jobs in 2023. Even if 1/2 of those actually did change jobs, is that a talent loss and replacement rate YOU can afford?
Top talent can be snapped up in less than 10 days (and many candidates expect a timeline that quick too). Meanwhile, everyone else on the team is trying to pick up the slack for the empty position you're trying to fill - or putting up with the list of mis-hiring symptoms from above.
Great onboarding can improve retention by 82%, yet 88% of organizations lack effective onboarding.
Your teams - or the entire organization - aren't reaching goals or producing desired results.
Your employees are disengaged and it's impacting everything and everyone, including your customers.
Your managers are causing more roadblocks and headaches than they're solving. Inconsistencies and inabilities to effectively lead create frustration, resentment, burnout and more for direct reports and colleagues - and you!
Frustrations with the boss drive more than 1/2 of employees out the door. Another 1/3 stick around dreaming of opportunities to get away from their manager. It might be you they want to flee.
89% of bosses believe employees quit because they want more money. Meanwhile, only 12% actually do leave for higher pay. When workers leave for as little as $1/hour more than what you pay, that's not a money issue.
If we were talking here about airline pilots, would you fly with them? I didn't think so!
This is the rate at which we promote people into management without any readiness. We put them in the role without preparation, or we confuse technical prowess for leadership skills.
It's not their fault that they're poor leaders, when they haven't been given the tools and training to know how to effectively lead others.
Let's not forget that you're paying a FULL PAYCHECK while getting only a partial performance from them.
How's that adding up for your bottom line?
"It's the Manager" by Clifton & Harter
A Gallup global survey in 2023 showed 77% of employees are disengaged, meaning they are "emotionally disconnected from their workplaces and less likely to be productive". Productivity, of course, is directly correlated to engagement.
62% of workers cited a toxic company culture as the reason they quit their job, according to FlexJobs survey data.
Indeed.com found that 52% of survey respondents reported experiencing burnout, while a Monster.com poll found 32% cited burnout as a reason for wanting to throw in the towel at work.
Peter Drucker, modern management thought leader
"Morale is to culture what tacos are to Mexico."
Sure, you love a good taco, but that doesn't mean you know much about the history, culture, personalities, politics and nuances of an entire country.
Having a snazzy break room or ordering pizza for lunch aren't what makes your company what it truly is. Culture goes much deeper than this in your organization, and there are even subcultures within your company just as there are regional differences within countries.
Culture is lived, and unless you are very intentional in how culture is experienced and shared by everyone working in your company, it can get away on you and turn into something you never saw coming.