Episodes
Monday Nov 27, 2023
13.28 The financial penalty of employee loyalty
Monday Nov 27, 2023
Monday Nov 27, 2023
Forbes reckons the lost salary value of staying with an employer for your entire career rather than regularly moving jobs is around 50% of all earnings.
That's very significant, and whatever the true value person by person, it does true that the 'movers' gain an income value over the 'loyalists'. I
t's not that simple - people stay for reasons other than loyalty.
People leave for other reasons than to earn more...many would rather stay.
Can employers do more to retain high-value people others want?
Many more questions and issues explored in this learning conversation.
Version: 20240731
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