We want to help you make teams that last
So why do people leave and what are the consequences?
Why do people leave?
According to studies employees leave for the following reasons: (1) Job Dissatisfaction, (2) Job Security, (3) Compensation, (4) Lack of Job Autnomomy, (5) Poor relationship with team members, (6) poor working conditions & (7) lack of opportunity in career development.
Even though we can do all we can to give them good pay, treat them well and give them security, sometimes it doesn’t click.
Milleninials and Gen Z have difficulties adapting to environments that do not match their working styles. They prefer working in an environment where they get a chance to explore their ideas and capabilities (MIBM).
So why should we care?
Why should we care?
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Let's break it down. Based on studies we can see turnover costs are divided in 3 groups:
Separation Costs
Recruitment / Hiring Costs
New Employee Introduction
For an average estimation in Belgium, these costs average from €15000 to €40000/employee leaving.
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We've all heard the story of the bad apple spoiling the barrel. They don't produce the value you need, they negativelly impact morale, reputation and most importantly, your company culture.
The biggest contributor to a bad hire is Talent Acquisition in which the interviewing process is the most important.
Make the interviewing process engaging, help them learn and feel the the team culture!
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Poor employer branding affects your recruitment process as good employees don't even care to join your team.
By making the getting to know process interesting and people-centered, your potential employees will see and feel the difference you're offering!
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Making a well balanced team is productive in both culturally alignment as in productivity. This starts with recruiting and knowing who your team is before hiring someone new is crucial to hiring success.