Voluntary turnover alone costs US businesses $ 1 trillion a year
And it's just one of many issues. Add in the cost of low employee engagement, the war for talent, quiet quitting, and the great resignation, and the full costs are staggering.
But all these issues are about people. And people are all about their values.
If you understand values you understand why people behave as they do, and how you can engage, inspire, motivate, and ultimately, influence the outcomes you’d like to see. The Valuegraphics People & Culture team use a variety of data-driven tools for each engagement. All are based on academically sound methodologies, and the robust data contained within the Valuegraphics Database.
A study by Deloitte found that companies with effective People & Culture practices are five times more likely to perform better than their competitors, achieve 26% higher revenue per employee, and report 41% lower employee turnover rates.