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August 2023

The Connection Between Business Success and a Culture of Caring, Part 5

Word Count: 1,432Estimated Read Time: 6 Min. Learning is Growing; Growth Quashes Turnover A recent study found that 94% of U.S. employees would stay at a company longer if the company invested in helping them learn.  Employees who are learning, … Continue reading

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The Connection Between Business Success and a Culture of Caring, Part 4

In general, smart business owners and savvy managers want employees to feel valued and keep turnover low. But they also need to keep productivity and efficiency high in order to be profitable. So what should be prioritized: people or profits? As in most things in life, the key is balance. Employers must weigh the needs of staff against the needs of the business to find a happy medium. By establishing a culture of caring with everyone working together for the good of the company, balance can be achieved. This is not just a pipe dream. There are new approaches, in addition to standard ones, that businesses are taking to get the most from their employees and also ensure those employees feel seen and heard and their own professional goals are achieved.

Try these tools! Continue reading

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The Connection Between Business Success and a Culture of Caring, Part 3

Word Count: 1,546Estimated Read Time: 65 Min. At the end of 2022, LinkedIn did a survey that found that almost 70% of Gen Z and Millennial Americans said they planned to leave their jobs in 2023.  These results were reconfirmed … Continue reading

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The Connection Between Business Success and a Culture of Caring, Part 2

Low unemployment is generally considered a good thing, and the US unemployment rate is currently at 3.6% even after the Federal Reserve raised interest rates 11 times (for a total of 6%) in the last 18 months. But for employers, this means the US labor market is tight. Labor shortage is one of the top six challenges business owners say they face today. Barring some radical changes, filling job openings in the US will continue to be a challenge for the foreseeable future. Employee retention will remain key to business growth and success. What can companies do to retain their existing talent and maximize their productivity? A lot… and we don’t mean pay raises.

Here’s how. Continue reading

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