Is failure to retain employees killing your bottom line?

Do you have positions that you just can’t keep people in?

It is frustrating to spend large chunks of your precious resources recruiting, interviewing, hiring, and training new people, just to start over again in a few months? Losing one good employee typically costs a company at least 150% of that person’s yearly salary. So many hidden costs are associated with poor retention, including the initial hiring costs (ads, interviews, screening costs, training and acclimation, etc) in addition to lost wages, customer dissatisfaction, team morale, termination costs, and possible legal ramifications.

Improve Communication and Employee Relations

We all have different ways to say the same thing. For example, imagine a family of four witnesses a car accident.

The D-style father will tell you concisely what happened
The I-style wife will know who was involved.
The S-style daughter will analyze how it happened.
The C-style brother will talk in detail about the type and color of cars involved precisely describing why it happened.
The parents, being active styles (D & I) will freely share their thoughts and feelings.
The children, being passive styles (S & C) will probably need to be encouraged to speak up.

The good news is that for every dollar spent on retention and proper hiring methods, a company normally gains a 4:1 or better return on investment, even the first year.

Understanding how our personality effects the way we communicate is foundational to building better interpersonal relationships. The TEAMS assessment will help team members understand the roles they prefer to operate in as a part of the team and the Workplace Values will address internal motivators that are important to your team. PeopleKeys® has all you need to effectively build and retain your team, whether the team is a work team, management staff, volunteer committee, or even a family!

Retention Case Study

The Bair Foundation is one of the largest foster care providers in the US, caring for children from birth to 18 years of age. The social services industry inherently has high turnover rates. 40% - 50% turnover per year is not uncommon. This equates to 100s of thousands of dollars to our bottom line each year, but the greater cost is the effect this can have on expansion and consistency of operations. PeopleKeys helped us hire smarter, and helped us to retain our best people through understanding of how to manage and motivate. We are able to develop our front line workers into the directors and leaders we so desperately need to strategically sustain our growth. While some turnover cannot be avoided, the Bair Foundation has cut the avoidable turnover issues in half, helping Bair to be an industry leader and expand our core business – caring for children.

-Sue Miklos, Executive Director

The Bair Foundation

To get started immediately call 800-779-3472, ext 103 (+1-724-658-4361 Outside the US)

Tested & Validated

PeopleKeys® has been tested and validated by Texas State University and Eastern University.

PeopleKeys® Validation

Multiple Uses

Screen prospective employees, improve retention with your existing employees and improve communication.

The Many Uses For PeopleKeys®

Risk Free | 1-800-779-3472

Give us a call if you're ready to order, or simply have questions we'll be glad to help:

1-800-779-3472 (Inside the U.S.)
1-724-658-4361 (International)