Welcome to an exhilarating episode of 'Behind the Numbers', where business topics are uncovered and unraveled. Our guest this time, Jerry Dugan, the founder, and CEO of BTR Impact, sheds light on crafting a workplace environment where employees can take pride.
Diving into the intricacies of modern workplaces, we discuss how leaders can weave together professional achievements and personal values, to curate a work-life balance offering success on their terms. BTR Impact specializes in detecting and solving the issues of disengagement and dwindling morale that typically plague workplaces.
Dugan's take on the 'Great Resignation', the rising trend of employees leaving their positions worldwide, is loaded with enlightening statistics. Essential themes of hybrid work models, the significance of growth opportunities, and the necessity of competitive pay are tactfully covered.
Together, we tackle the financial and morale implications of high employee turnover and explore potential strategies to combat dissatisfactory workplace environments. Devoting this episode to leaders and employees worldwide, we aim to foster a work culture that everyone can esteem.
For more of Jerry's impactful insights, visit btrimpact.com. We also venture into a hidden piece of wisdom from the Society for HR Management (SHRM) that states replacing an employee can potentially cost up to three times their annual salary.
Featuring Jerry's experience from his military background and professional sphere, he provides practical guidance on reducing turnover and boosting engagement at work. The conversation winds down with highlighting 'leading with empathy', showing how thoughtful and adaptable management can instigate incredible loyalty and commitment from staff.
Tune in for an episode packed with insights for business leaders and HR professionals aiming to refine their leadership skills, increase employee engagement, and lessen turnover to enhance their organization's profitability and performance.
Here’s the link for the turnover calculator discussed during the interview https://btrimpact.com/healthcare-staffing
About the Host:
Dave Bookbinder is the person that clients reach out to when they need to know what their most important assets are worth. He’s a corporate finance executive with a focus on business and intellectual property valuation. Known as a collaborative adviser, Dave has served thousands of client companies of all sizes and industries.
Dave is the author of two #1 best-selling books about the impact of human capital (PEOPLE!) on the valuation of a business enterprise called The NEW ROI: Return On Individuals & The NEW ROI: Going Behind The Numbers.
He’s on a mission to change the conversation about how the accounting world recognizes the value of people’s contributions to a business enterprise, and to quantify what every CEO on the planet claims: “Our people are this company’s most valuable asset.”
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