The costs associated with employee turnover is staggering. It is critical for companies to minimize the unplanned departure of their employees. Without going into great detail, the rule of thumb is that it costs, on average, 1.5 times a worker's annual salary to replace. The more complex the job, the higher the multiplier.
Researchers at McLean & Company have identified that disengaged employees cost organizations $3,400 per $10,000 in salary - totaling more that $350 billion dollars in lost productivity in the United States alone.
Create a healthy workplace to increase retention, engagement, and productivity
Engage the Workforce
When working with clients, our outcomes and goals are quantifiable. As an Industrial and Organizational (I-O) Psychology consulting firm all of our work is measured to ensure the interventions not only have the desired effect but increase the profitability and viability of our clients. Our benchmark for a highly successful engagement is a 50% ROI within 6 months. And we have a good track record of hitting that target. We set other targets and goals with the client based on the specific circumstances. Here are a few typical client goals:
|Increase new hire retention by 50%|
|Increase employee engagement by 25%|
|Create 80% employee buy-in to change initiative|
|Increase organizational trust by 20%|
|Strengthen organizational culture by 35%|
|Reduce workplace incivility by 90%|
How We Work
Organizational Development and Coaching
We use an action research model. Action research is a highly successful intervention model in dealing with groups of individuals. In its most basic form, action research involves three activities: look, think, and act
Action Research Model
|Look: Identify the Problem - qualitative and quantitative data gathering|
|Think: Analyze the data - determine root causes and develop plan|
|Act: Implement the plan - repeat the cycle for continuous improvement|
We use a strengths-based model. Every individual has a unique set of strengths. We help the individual identify their strengths and work with them to develop effective strategies and tactics to tackle the challenges of business and life.
|Executive Coaching: Strategic and systems thinking|
|Leadership Coaching: Developing a leadership style and addressing difficult problems|
|Business Coaching: Strategy, tactics, and implementation|