Inspire and develop your people
Keep your people motivated and engaged, and inspire them to reach their full potential
According to The Society for Human Resource Management, the cost of replacing a salaried employee is around nine times their monthly pay. It can then take several months for a new employee to fully settle into their new position, and reach optimum levels of productivity.
So, how can you avoid the costly loss of your best people?
The employee experience at your company is driven by how engaged your people feel. Employees who are perfectly aligned with the requirements of their job, have an inspirational manager, are in tune with your company culture and are part of a well-functioning team feel highly motivated and engaged – and are less likely to leave.
How well do you know your employees?
Without objective people data, it can be difficult to ascertain who is happy and fulfilled in their role; who is aligned with their manager, team, company culture and job requirements; who responds well to a challenge and could take on more responsibilities.