Dec 8, 2024
Staff turnover can be a real problem for many organizations. Turnover or retention is a symptom of either a toxic or a healthy workplace culture. To sustain a healthy culture, you need a systemic and consistent approach.
CEO Kevin: My name is Kevin Shrake and I’m a former hospital CEO. One of the things that I truly believe is that we don’t fully understand the impact financially on our companies for not having a great work environment. I believe that that great work environment relates to the relationships of employees to each other, and the employees to the client. Look at things like turnover rates. How much better would your organization be financially if your turnover rate was half of what it is today? How much better would your organization be financially if you had lower sick time? People call in sick for a variety of reasons but in an organization where you really have top-notch work environment, they don’t call in sick because they know the impact that will have on their fellow coworker. I have been in some organizations where I’ve made some of those changes but it really didn’t have the formal process in place to really understand that, and communicate it to each and every employee in the organization. If I had I know my organization’s would have done even better financially. I found LifeWork System, that I wish I would have had, that would have created that specific model and that sustainability to you know create success ongoing.
