The U.S. Bureau of Labor Statistics reported that 3.5 million people – or 2.3% of employed American workers had voluntarily quit their job by the end of December 2018. The staggering cost of turnover typically costs one to three times the annual salary to replace an employee. These costs tend to range on the higher end when you’re filling a key position in a sudden emergency.
Our experience as to why employees leave is not always about pay, benefits, or even the casual dress policy. We have found some of the most critical factors are directly related to the manager/employee relationship.
Employees indicated a few of the most important qualities for their manager to have are:
Care and concern for an employee's well being
The real question is: What are you doing to keep your employees? Regardless of the size of your business, The Bradley Partnerships can help you and your business retain the most valuable part of your business -- your employees through our myriad of services.