Did you know that the cost of replacing an employee can be as high as 6-9 months of their salary? That's a huge hit to your bottom line. The key to avoiding this costly turnover is building a strong, positive company culture. When employees feel valued, engaged, and supported, they're much more likely to stick around. Investing in your team's well-being is an investment in your business's future success. Don't let turnover drain your resources - focus on cultivating a great workplace culture today. Your bottom line will thank you! #SmallBusiness #CompanyCulture #EmployeeRetention
Joy of Pursuit’s Post
More Relevant Posts
-
As leaders, it's our responsibility to create a workplace environment that supports our team members, nurtures their growth, and fosters a sense of belonging. When people feel valued, heard, and appreciated, they are less likely to leave. Imagine a workplace where every team member feels a deep connection to the company's mission and values, where their contributions are recognized and rewarded, and where they have opportunities to learn, grow, and thrive. That's the kind of environment we strive to create at MindGoal. Let's work together to build a workplace that people don't want to leave. Contact MindGoal today and discover how we can help you reduce voluntary turnover and create a culture of engagement, fulfillment, and success. Find out how MindGoal can help you get a REAL understanding of your employee experience and where your pain points are: https://lnkd.in/gFVHrTpE #EmployeeRetention #Engagement #OrganizationalCulture #Leadership #MindGoalSuccess
Losing a team member isn't just about replacing a position. It's about losing valuable knowledge, disrupting team dynamics, and impacting your bottom line. Did you know that turnover costs can range from 50% to 200% of an employee's annual salary? At MindGoal, we understand the real impact of turnover on your business. That's why we're here to help you reduce those costs and build a thriving workplace culture. Make your people your priority with MindGoal today. Let's transform your organizational health and unlock your team's full potential. 💡 Find out more here: https://lnkd.in/ghP6kkAU #EmployeeEngagement #ReduceTurnover #OrganizationalHealth #MindGoalSuccess #PeopleFirst
To view or add a comment, sign in
-
Losing a team member isn't just about replacing a position. It's about losing valuable knowledge, disrupting team dynamics, and impacting your bottom line. Did you know that turnover costs can range from 50% to 200% of an employee's annual salary? At MindGoal, we understand the real impact of turnover on your business. That's why we're here to help you reduce those costs and build a thriving workplace culture. Make your people your priority with MindGoal today. Let's transform your organizational health and unlock your team's full potential. 💡 Find out more here: https://lnkd.in/ghP6kkAU #EmployeeEngagement #ReduceTurnover #OrganizationalHealth #MindGoalSuccess #PeopleFirst
To view or add a comment, sign in
-
organisational culture..... The information below tells us why it is important for an organisation to pay attention to the organisational culture.
CHRO & LinkedIn Top Voice | 14 Years of Transforming HR into a Strategic Business Partner | Driving Innovation & Excellence in Human Capital Management.
An employee who left your organisation for money, may come back for money. But an employee who left for culture would never come back even for money. An employee departing due to dissatisfaction with the organization's culture signals a deep-rooted issue. It highlights the necessity of a fertile company culture where individuals thrive, not merely exist. It is the responsibility of an organization to cultivate a culture that employees value beyond their paychecks. Money, at the end of the day, is a tangible asset, but culture is intangible - it's about nurturing an environment where respect, understanding, and mutual growth permeate every corner. It's about creating a space where employees feel valued, heard, and seen; a space that they are proud to be a part of, that they would not leave. So, before considering the next salary hike, let's think about fostering a culture that makes employees want to stay. Because once a good employee leaves for a poor culture, there is no monetary offer that would bring them back. Let's focus on building bridges of trust and respect, rather than walls of discontent. For it is the culture of an organization that truly retains its most valuable asset - its people. #culture #culturematters #people #peoplefirst #employeeexperience #retention #value #humancapital #hr #humanresources #business #strategy #hrstrategy #team #linkedin #linkedinconnections #aach
To view or add a comment, sign in
-
Workplace culture 👇👇👇 Organizational culture plays a crucial role in shaping the employees' experience. Even the smallest aspects of culture can significantly impact an employee's performance and well-being. Therefore, it is essential to prioritize the development of a positive and supportive workplace culture. It's important to remember that employees are an integral part of an organization. They represent the brand, and their perceptions can have a lasting impact on the organization's reputation. Therefore, it is necessary to be empathetic towards them, understand their experiences, and ensure that they have a meaningful and positive time at the organization. #workculture #employees #linkedin #transformation #brand
CHRO & LinkedIn Top Voice | 14 Years of Transforming HR into a Strategic Business Partner | Driving Innovation & Excellence in Human Capital Management.
An employee who left your organisation for money, may come back for money. But an employee who left for culture would never come back even for money. An employee departing due to dissatisfaction with the organization's culture signals a deep-rooted issue. It highlights the necessity of a fertile company culture where individuals thrive, not merely exist. It is the responsibility of an organization to cultivate a culture that employees value beyond their paychecks. Money, at the end of the day, is a tangible asset, but culture is intangible - it's about nurturing an environment where respect, understanding, and mutual growth permeate every corner. It's about creating a space where employees feel valued, heard, and seen; a space that they are proud to be a part of, that they would not leave. So, before considering the next salary hike, let's think about fostering a culture that makes employees want to stay. Because once a good employee leaves for a poor culture, there is no monetary offer that would bring them back. Let's focus on building bridges of trust and respect, rather than walls of discontent. For it is the culture of an organization that truly retains its most valuable asset - its people. #culture #culturematters #people #peoplefirst #employeeexperience #retention #value #humancapital #hr #humanresources #business #strategy #hrstrategy #team #linkedin #linkedinconnections #aach
To view or add a comment, sign in
-
LinkedIn Top Voice | Cloud Pioneer of the Year & Top25 Exceptional Leaders Awardee | 5x AWS | 5x Azure | CISM | CTO & CISO | Cloud Strategy, Software Development, Information Security, AI/ML, Innovation & Data Solutions
Reflecting on the insights shared by Ahmad Al Cheikh Hassan about the pivotal role of organizational culture in employee retention, it's clear that the true essence of a workplace extends far beyond its financial incentives. As Ahmad rightly pointed out, while monetary reasons may influence an employee's decision to leave, it's the culture—or lack thereof—that dictates their likelihood of return. The discussion sheds light on an often overlooked aspect of employee satisfaction: the environment in which they work. It's not just about the salary or the perks; it's about feeling valued, respected, and part of something greater than oneself. An environment where respect, understanding, and mutual growth are not just corporate slogans, but the very foundation of the organizational ethos. This serves as a crucial reminder for all of us, especially those in leadership positions, to prioritize the nurturing of our company cultures. Our focus should be on building an atmosphere that fosters respect, empathy, and mutual support—a workplace where every member feels seen, heard, and appreciated. Leaders have the unique opportunity to craft environments that empower individuals to thrive. By doing so, we not only enhance our team's satisfaction and productivity but also cement our organization's reputation as a desirable place to work. Let Ahmad's words inspire us to reflect on our own organizational cultures. Are we creating spaces where our employees feel valued beyond their paychecks? In our pursuit of business excellence, let's not overlook the power of a positive, nurturing workplace culture. After all, it's the foundation upon which lasting success is built.
CHRO & LinkedIn Top Voice | 14 Years of Transforming HR into a Strategic Business Partner | Driving Innovation & Excellence in Human Capital Management.
An employee who left your organisation for money, may come back for money. But an employee who left for culture would never come back even for money. An employee departing due to dissatisfaction with the organization's culture signals a deep-rooted issue. It highlights the necessity of a fertile company culture where individuals thrive, not merely exist. It is the responsibility of an organization to cultivate a culture that employees value beyond their paychecks. Money, at the end of the day, is a tangible asset, but culture is intangible - it's about nurturing an environment where respect, understanding, and mutual growth permeate every corner. It's about creating a space where employees feel valued, heard, and seen; a space that they are proud to be a part of, that they would not leave. So, before considering the next salary hike, let's think about fostering a culture that makes employees want to stay. Because once a good employee leaves for a poor culture, there is no monetary offer that would bring them back. Let's focus on building bridges of trust and respect, rather than walls of discontent. For it is the culture of an organization that truly retains its most valuable asset - its people. #culture #culturematters #people #peoplefirst #employeeexperience #retention #value #humancapital #hr #humanresources #business #strategy #hrstrategy #team #linkedin #linkedinconnections #aach
To view or add a comment, sign in
-
Vice President Of Sales | Senior Immigration Officer | Business Unit Head | Ebook-Content-Wikipedia | Front-Upsell | Sales Specialist | Marketing Head
An employee who left your organisation for money, may come back for money. But an employee who left for culture would never come back even for money. An employee departing due to dissatisfaction with the organization's culture signals a deep-rooted issue. It highlights the necessity of a fertile company culture where individuals thrive, not merely exist. It is the responsibility of an organization to cultivate a culture that employees value beyond their paychecks. Money, at the end of the day, is a tangible asset, but culture is intangible - it's about nurturing an environment where respect, understanding, and mutual growth permeate every corner. It's about creating a space where employees feel valued, heard, and seen; a space that they are proud to be a part of, that they would not leave. So, before considering the next salary hike, let's think about fostering a culture that makes employees want to stay. Because once a good employee leaves for a poor culture, there is no monetary offer that would bring them back. Let's focus on building bridges of trust and respect, rather than walls of discontent. For it is the culture of an organization that truly retains its most valuable asset - its people. #culture #culturematters #people #peoplefirst #employeeexperience #retention #value #humancapital #hr #humanresources #business #strategy #hrstrategy #team #linkedin #linkedinconnections #aach
To view or add a comment, sign in
-
CHRO & LinkedIn Top Voice | 14 Years of Transforming HR into a Strategic Business Partner | Driving Innovation & Excellence in Human Capital Management.
An employee who left your organisation for money, may come back for money. But an employee who left for culture would never come back even for money. An employee departing due to dissatisfaction with the organization's culture signals a deep-rooted issue. It highlights the necessity of a fertile company culture where individuals thrive, not merely exist. It is the responsibility of an organization to cultivate a culture that employees value beyond their paychecks. Money, at the end of the day, is a tangible asset, but culture is intangible - it's about nurturing an environment where respect, understanding, and mutual growth permeate every corner. It's about creating a space where employees feel valued, heard, and seen; a space that they are proud to be a part of, that they would not leave. So, before considering the next salary hike, let's think about fostering a culture that makes employees want to stay. Because once a good employee leaves for a poor culture, there is no monetary offer that would bring them back. Let's focus on building bridges of trust and respect, rather than walls of discontent. For it is the culture of an organization that truly retains its most valuable asset - its people. #culture #culturematters #people #peoplefirst #employeeexperience #retention #value #humancapital #hr #humanresources #business #strategy #hrstrategy #team #linkedin #linkedinconnections #aach
To view or add a comment, sign in
-
When an employee decides to leave due, to feeling dissatisfied with the atmosphere it serves as an indicator that there are underlying issues that need attention. It serves as a wake up call for leaders to reflect on how their organizational culture resonates with the desires and requirements of their workforce. As you correctly pointed out a culture that values respect, empathy and shared development not boosts employee happiness. Also acts as a magnet for attracting and retaining top talent. While money is certainly a motivator and contributes to job satisfaction its capacity to retain employee is limited if the fundamental aspects of the work environment do not support their well being and professional advancement. Creating and fostering an culture requires ongoing dedication and involvement from all levels of the company especially those in leadership positions.
CHRO & LinkedIn Top Voice | 14 Years of Transforming HR into a Strategic Business Partner | Driving Innovation & Excellence in Human Capital Management.
An employee who left your organisation for money, may come back for money. But an employee who left for culture would never come back even for money. An employee departing due to dissatisfaction with the organization's culture signals a deep-rooted issue. It highlights the necessity of a fertile company culture where individuals thrive, not merely exist. It is the responsibility of an organization to cultivate a culture that employees value beyond their paychecks. Money, at the end of the day, is a tangible asset, but culture is intangible - it's about nurturing an environment where respect, understanding, and mutual growth permeate every corner. It's about creating a space where employees feel valued, heard, and seen; a space that they are proud to be a part of, that they would not leave. So, before considering the next salary hike, let's think about fostering a culture that makes employees want to stay. Because once a good employee leaves for a poor culture, there is no monetary offer that would bring them back. Let's focus on building bridges of trust and respect, rather than walls of discontent. For it is the culture of an organization that truly retains its most valuable asset - its people. #culture #culturematters #people #peoplefirst #employeeexperience #retention #value #humancapital #hr #humanresources #business #strategy #hrstrategy #team #linkedin #linkedinconnections #aach
To view or add a comment, sign in
-
Creating a positive workplace culture is key to retaining top talent..
CHRO & LinkedIn Top Voice | 14 Years of Transforming HR into a Strategic Business Partner | Driving Innovation & Excellence in Human Capital Management.
An employee who left your organisation for money, may come back for money. But an employee who left for culture would never come back even for money. An employee departing due to dissatisfaction with the organization's culture signals a deep-rooted issue. It highlights the necessity of a fertile company culture where individuals thrive, not merely exist. It is the responsibility of an organization to cultivate a culture that employees value beyond their paychecks. Money, at the end of the day, is a tangible asset, but culture is intangible - it's about nurturing an environment where respect, understanding, and mutual growth permeate every corner. It's about creating a space where employees feel valued, heard, and seen; a space that they are proud to be a part of, that they would not leave. So, before considering the next salary hike, let's think about fostering a culture that makes employees want to stay. Because once a good employee leaves for a poor culture, there is no monetary offer that would bring them back. Let's focus on building bridges of trust and respect, rather than walls of discontent. For it is the culture of an organization that truly retains its most valuable asset - its people. #culture #culturematters #people #peoplefirst #employeeexperience #retention #value #humancapital #hr #humanresources #business #strategy #hrstrategy #team #linkedin #linkedinconnections #aach
To view or add a comment, sign in
-
As a business owner, losing top talent can be a major concern. But did you know that it's not just about the salary? Providing a healthy work/life balance, a positive work environment, good benefits, and a clearly defined reward system all contribute to employee satisfaction and retention. Micromanaging can lead to employees leaving. Capable workers prefer autonomy in completing their tasks and expect their managers to trust them to do so appropriately without constant interference. Remember, "If you pay peanuts, you get monkeys." Rewarding good work with appropriate pay, benefits, and recognition creates an environment that lets employees know they are valued. Hiring and retaining competent workers who help a business reach its goals is essential for success. Don't let preventable situations lead to losing your best talent. #employeeengagement #talentmanagement #retentionstrategies
To view or add a comment, sign in
2,308 followers