May 2022 Newsletter I QUIT ! Poor work culture
May 2022 Newsletter
I QUIT! Poor work culture
Employees are quitting their jobs in record numbers. Why? Most will tell you it’s because of their manager/supervisor or the overall vibe at the company.
Workers who quit a job in 2021 said they left for the following reasons: low pay (63%), no opportunities for advancement (63%), and feeling disrespected at work (57%). At least a third said all three were major reasons why they left, according to the PEW Research Center.
Researchers studied huge amounts of data, including turnover from April to September 2021, Glassdoor reviews of companies over the last few years (including before the pandemic), and 172 culture metrics at roughly 600 companies. They found that a toxic work culture was the biggest reason people decided to quit. In fact, it was ten times more important than pay.
High employee churn is expensive for any business. The cost of fully replacing one employee is estimated to be about $40,000, including advertising, recruitment fees, the time it takes to train a new staff member, and lost productivity. And if the best and brightest people at a company are constantly jumping ship, the damage will be much worse.
According to other experts on employee turnover, the following factors cause people to quit:
– A lack of appreciation
– Feeling burned out
– Lack of flexible work options
– Wanting to work remotely
– Poor mental health
– Relationship with management
– Corporate culture
– Lack of engagement
– Unhappiness at work
– Lack of career growth
Out of all the reasons why people quit their jobs, the hardest for me to comprehend is a lack of appreciation. This is something that employers and coworkers can change immediately or as soon as they decide to do so. Most of the other reasons for quitting will be nonexistent if an employee feels appreciated.
I can’t imagine any of my 350 coworkers at DEEB Realty not feeling appreciated, and if it did happen, then shame on me. Why do I say that? Because I was the leader, the CEO. If someone at my firm felt unappreciated, it all started with me and the culture I created. If we want to create a culture of happiness, harmony, and appreciation for our coworkers, then we all need to get our PhD in employee appreciation.
In addition to being a motivational speaker, I spend a lot of my time working as a culture consultant for companies of all sizes in a wide range of industries. Based on my experience, these facts and research hold true.
If you feel your company could use an outside voice to help you reach your full potential, then let’s have a conversation. I know I can help. You will be amazed at how quickly a company can turn around when the right solutions are put in place. Let’s make your work environment the BEST it can possibly be. Contact me today!
If not now, then when? And if not you, then who?
What People in the Audience are Saying…
With Van's passion, humor and experience you can be assured of one thing- your audience is going to get fired-up, built-up, and fully charged –up. As an entrepreneur at the top of his game Van is in the unique position of being able to "talk the talk" because he has "walked the walk". Over the years he has been a great inspiration to me and my staff. Van is a speaker with charisma, humility and impact and he's a difference maker in the lives of the people he touches…"
I wanted to thank you for coming and speaking with our company today. I thought your presentation was awesome! I was really motivated and inspired by your thoughts and ideas. I will use this motivation to grow my business and my personal life.”
We are delighted you will be accepting the award for Omaha’s Top 25 fastest growing companies. Congratulations on your outstanding growth and we wish you continued success.”
Thank you for running such a class act company. It is an honor and a pleasure to be associated with someone such as yourself. I know you are probably one of the most respected businessmen in the region.”
Congratulations on writing “Selling from the heart” and thank you for sharing a copy with me. Your class has been one of the most enjoyable classes I’ve ever taken. Your enthusiasm and passion for your work are awesome. But the most refreshing part of the class was your delightful sense of humor. Thank you again for being a fantastic teacher.”
Kudos to you, Van, for reaching a major goal. But more than that...For successfully building one of Omaha’s best companies from scratch and making it thrive even in less than ideal market conditions. You have realized the American Dream...And brought it home to many, many others. My best to you!”
Having you here again was such a blessing to so many! As I looked at the pictures, I could see just how interested each and every person was in what you had to say!
This has been such a gift to our agents when they need it the most. The fact that you come, you are so genuine and caring, you are so honest, you are not trying to sell anything and your passion to help each and every person believe in themselves and become the best they can be is HUGE! The timing is perfect for us all helping and caring about each other, so, thank YOU from the bottom of my heart for giving of yourself to help all of us!”
I enjoyed your seminar and its focus. I was on the fence whether or not to attend and decided why not? I could have sat through an all day session if there was one, usually I end up at the seminars that start with a focus and quickly go astray. I found with yours time flew by too fast and it was already time to go but I wasn’t ready to go.”