We all know how costly it can be to lose a tenured, talented employee. The financial cost of training benefits and lost productivity loom large. Having to find and train a replacement is a big expense too. All of this also costs time, a non-renewable resource.
The old way of doing business is broken. Turn-over, absenteeism, presenteeism, sick time, disengaged employees, low innovation, low morale, decreasing bottom line, average business lifespan of less than 10- years. “But this is the way we’ve always done it”. Sound familiar?