This CEO's brilliant meeting strategy has earned his company a near 100-percent retention rate (via Inc)
of 30 case studies from research papers on the cost of employee turnover showed it costs a company a full 20% of a worker's salary to replace that person.
, 43% of workers would leave their companies for a mere 10% bump in salary."How comfortable employees feel about providing upward feedback to their supervisors is a major indicator of overall happiness," the report states. Why? In large part due to the leadership of its CEO, Kevin McMullin. He models a different kind of one-on-one meeting — and encourages his managers to do the same."We make it part of every manager's responsibility to sit down and have one-to-ones with employees where the manager comes only with questions, and it's the manager's job to empathize and to learn."Not to problem-solve and manage. Not to criticize and cajole. Not to make suggestions and review mistakes.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Patagonia's CEO says 'capitalism needs to evolve' if we want to save the planet'Companies are realizing that their customers and their employees expect them to take a stand,' said Patagonia CEO Rose Marcario
Read more »
Total CEO says company pledges 100 million euro to rebuild Notre-DameFrench energy major Total will make a 100 million euro ($112.98 million) contrib...
Read more »
Kohl's CEO: Planet Fitness, Amazon partnerships are critical to right-sizing our storesKohl's plans to expand its kiosk and returns program with Amazon to 200 stores, while active and wellness has become 20% of its business, CEO Michelle Gass says.
Read more »
Ollie's Bargain Outlet CEO: We'll open 950 stores — 'Brick and mortar isn't dead'The discount retailer plans to soon expand to 25 states, while its store count currently stands at 318 with four more in the pipeline, Ollie's CEO Mark Butler says.
Read more »
SAP CEO aims to double market value to 250-300 billion euros by 2023: reportEurope's largest technology company SAP aims to more than double its market...
Read more »
Turkish court acquits HSBC Turkey CEO of insulting President ErdoganA Turkish court on Thursday acquitted HSBC Turkey chief executive Selim Kervanci...
Read more »