For 75-person company, 10% annual turnover of $30K-salary employees costs $54,000 per year, not including cost of productivity losses.
A local work environment that supports productivity and performance
Individuals’ physical, interpersonal, and emotional well-being at work
Well-functioning equipment
Necessary supplies on hand
Effective work processes
Clear direction from supervisors
Clear priorities
Effective teams
Respectful colleagues
Expectations balanced against pressures
Attitude towards immediate manager
Senior leadership
Work/life balance
Goals and Objectives
Company image
(See Handout Pages 2-3)
Promoted
They started career here
Job: Doing the work
Now need to do these
Culture of recognition
Culture of recognition
Four components of trust: Sincerity, Reliability, Competence, Caring
If Caring (a.k.a. “valuing”) is missing, R&R efforts will likely not pay off as you hope, even if other 3 components are in place
Part 1
What is motivation?
Part 1
Six Universal Motivators
Part 1
Six Universal Motivators
Part 1
Six Universal Motivators
Part 1
Six Universal Motivators
(See Handout Page 5)
Part 2
Organize Rewards
Part 2
Organize Rewards
Part 2
Organize Rewards
2012 Industry
Profit Margins
2.9%
Food & Staples
Retailing
19.5%
Pharma, BioTech,
Life Sciences
8.4%
Capital Goods
20.2%
Software&
Services
Impact on
your
company?
Respect
Account-
ability
Integrity
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