How to calculate your own cost of turnover

Growth is fundamental to human happiness; the hedonic treadmill was built into all of us, and humans constantly seek growth and change.

The craving for growth is especially visible for the younger generation that i...

Feeling cared for and recognized addresses another basic human requirement; the need for human relationships and for others to acknowledge to us that we matter to them.

You need to build a culture where people respect and appreciate each other.

The cost of losing an employee can range from tens of thousands of dollars to 1.5–2.0X the employee’s annual salary. These costs include hiring, Onboarding, training, ramp time to peak productivity, the loss of engagement from others due to high turnover, higher business error rates, and general cul...

The first surgeon general’s report on smoking and health linked smoking to lung cancer and heart disease in 1964. Aaron Carroll: most people have no framework for Quantifying this cost, or they never even bother to try. He says a critical first step is to help people understand the cost of not quitt...

A few questions to ask yourself to check whether you’re on the right track or not:

• Have you had conversation with your employees about their long-term personal goals? 
• Do you give a capable person a shot or do you hire someone with more experience?
• When people need...