U.S. employers spent $600B last year replacing employees who quit —$450B of which was completely preventable.¹ How? Simply by keeping their promises. During onboarding, HR often promises the following: A sociable, inclusive environment Numerous opportunities for career learning and development Salaries that reflect ability, reviewed and increased based on dedication To retain employees, most of the time, leaders don't need to do anything —other than sticking to these principles they've proudly established. ⤷ You promise growth opportunities. But did you actually provide training courses, or did you cut budgets, focusing solely on profits? ⤷ You advocate for employee wellness. But did you support it, both mentally and physically, or did you overburden your employees, leaving them overworked and undervalued? ⤷ You pledge clear communication to build trust. But did you maintain open lines and transparency, or were you quick to point fingers when problems arose? ⤷ You aim to celebrate achievements and foster loyalty. But did you genuinely congratulate employees on their achievements, or did you dismiss their efforts, thinking, ‘I pay them to do that’? Prioritizing short-term profits over long-term employee development is the fastest way to increase turnover rates, leading to greater losses. Understand the dynamics of power. How do you plan to stand by your promises? Let me know. P.S. Follow us for more insights on human resources. #staffingsolutions #staffingservices #workforcedevelopment #recruitment Image Credit: AIHR | Academy to Innovate HR ¹ Read more: https://lnkd.in/gP9iBxpx
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