Attrition rates amidst the great resignation have sky rocketed from the typical 18% to 30% and even 40%. What a jump! Can we afford to lose this many employees? Not just from a work standpoint and the cascading waterfall it creates by further burdening our all-ready overworked employees with even more for them to do, but also from a financial aspect. It’s estimated that losing an employee costs approximately 33% of that employee’s annual salary.

Understanding the above unfortunately isn’t enough to stop losing our employees. We must truly understand what is causing them to leave. For example: people quit people. People also quit organizational cultures. And, people quit because they aren’t afforded growth and development opportunities. This is what we are going to dive into today.

So, how do we prevent our employees from leaving because of a lack of growth and development opportunities? Hint: the answer starts with them! Join me as I break this down.