Ep 95: Stop the Turnover: How to Keep Your Team Happy and Engaged
In this episode of the Building Bigger Lives podcast, Kathryn and Michael provide practical insights for business owners and leaders on how to foster a loyal and engaged workforce. They share strategies to reduce employee turnover and improve retention by focusing on creating a supportive work environment, transparent communication, and effective leadership. They explore various leadership practices, including delegation, recognition, and goal alignment, in an atmosphere where employees feel trusted, heard, and valued. Michael emphasizes the importance of leaders recognizing the psychological safety of their teams, particularly in the post-COVID era. They also touch on the costs associated with high turnover, including time and money spent on recruitment and training. The discussion emphasizes the importance of personal accountability and self-leadership for leaders, while acknowledging that while turnover is inevitable, organizations can take steps to improve retention through thoughtful strategies and practices.
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