How Expensive is it to Really loose your People?? $$$$
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In episode number 103 of the service without excuses podcast we discuss the true cost of finding, recruiting, hiring, and most importantly keeping the very best staff for our service business we can find. We know that this is never been an easy task, but now we found out how truly expensive it is, and when you find out it’s the cost of a luxury car many times to find a new it hits home.
Most of us if not all of us know the euphoric feeling when you found the right coworkers in team members for your company, I called firing on all cylinders and if you’re a four-cylinder service company you’re smaller in size , likewise if you are running on 8-10 cylinders it may cost you a lot of gas but still well worth it. It is not only expensive but also emotionally draining to start over with new team members there is zero doubt about that. I talk about in episode number 103 of the service without excuses podcast the true seen and unseen toll it takes upon your organization.
There’s an old saying hire slow and fire fast And this could not be more true than right now as of 2022 going into 2023. It’s extremely relevant to have a mentoring system in place during her on boarding and hiring process, without the systems in place you’re most likely due to fail and realize the true cost associated with not doing things like this. In our coaching consulting company it’s a requirement for clients to have these things in place and we’ve seen a real impact when it comes to retainment even in our own service company which is the guinea pig from any of our models. Take the time to have things implemented in your business to keep your people not only safe, but happy as well.
For more business building tips please go to Robmlyon.com today and subscribe to our email list and we will immediately send you out our course five things every service business owner needs to know now, this is 25 minutes of pure content and it’s updated every year to keep it current. Also feel free to subscribe to our podcast wherever you may listen to them at whether it’s on our website or iTunes, stitcher, Spotify, Apple podcast etc. thank you again for spending your valuable time with us and we hope you found tremendous value.
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