When you play with the numbers, you may discover that a replacement of a skilled employee can cost you between 1.5 to 2 times their annual salary, or even more.
Management
Managing Change In 8 Simple Steps
Change is part of life. And that applies especially to the fast-paced environment of modern business. You need to constantly adapt to ever-changing market conditions, requirements of your customers, and the needs of your suppliers and employees. People hate change…. Read More ›
Why To Stop Exploiting Internships
Internship is a great way to build relationships with potential future employees entering the labor market. There are obvious benefits for the company in the form of getting some junior people to help out with the workload while incurring relatively… Read More ›
Take Care Of Your Golden Turtle
It was in 2010 when I traveled with a small group of people to Galapagos Islands. I’m enthusiastic about nature, and the pictures from the islands I saw were incredible. The reality was even better. We landed in Quito, Ecuador… Read More ›
Don’t Forget How To Walk
It was in 2012 when I spent a couple of weeks in Indonesia. Part of the visit was a week-long trek to the heart of Papua. Papua is one of the remote places on Earth where you can still see… Read More ›
Be A Leader Not A People Pleaser
When you look around you can divide managers into several categories. You find some who truly adhere to the definition of leaders, have the vision for the team, are business people, with clear understanding of what needs to be done… Read More ›
The Most Difficult Thing In Management
What is the most difficult thing when you decide to get into management? I was recently having a mentoring conversation with one junior manager and we got talking about some of the pitfalls in management. Ultimately, I was asked, “What… Read More ›
7 Ways To Deal With Abusive Boss
Over the last couple of weeks, I talked about How To Manage Your Manager, Why Good Employees Become Bad Managers, and What Excuses Turn Us Into Jerks. What remains, is to talk about what you can do when your manager… Read More ›
Why Good Employees Become Bad Managers
In most of the employee engagement surveys you read that one of the top reasons why people leave their companies is their manager. It is not about money, it is not about work, it is not about team, it is… Read More ›
How To Manage Your Manager
Most of us are reporting to someone. We have a boss. It might be the first line manager, director, vice president, CEO, or a board of directors. One could even say that the customer is our ultimate boss but I… Read More ›
