A study done by Kronos Incorporated, shows that 87% of Human Resources Leaders are highly concerned over employee retention. For good reason too, since the cost to replace one of your employees is estimated to cost employers anywhere from 33% to 200% of that employee’s annual salary. So losing one employee can actually be the same cost as 2 happy, productive employees.
People will likely be the most unpredictable factor in your business. You can pick all the right people, provide a great atmosphere and still have struggles among people in the workplace. It can be frustrating when you know you have carefully picked a team with complimentary skills that should fit well together, but there is still friction.
There is a lot of talk about Emotional Intelligence (EI) these days, and for good reason. How well you do in all areas of your life depends greatly on how you see the world and process it internally. Leaders who possess EI get along better with their teams, understand how to motivate employees, and are […]