Summary:
How much is employee turnover silently costing your business? Lower employee retention rates can cripple your business value – here's how you can turn the tide.
In this episode, Adam and Steve Burton tackle the rising challenge of employee turnover, offering tactical solutions such as a beneficial payroll tax credit and a future-oriented 401(k) program. These strategies not only reduce costs but also empower employees to perform at their best. By implementing these measures, you can build a strong, loyal team that adds substantial value to your business.
Adam and Steve discuss:
(01:50) How high employee turnover can significantly increase operational costs and reduce business value
(13:12) The mutual benefits for employers and employees from implementing an ongoing payroll tax credit, boosting employee retention
(16:14) Why a tactically managed 401(k) plan encourages financial literacy and improves employee performance
(23:28) Strategic employee benefits that enhance the long-term success and value of your business
And more!
Resources:
Unlock your business’s potential with our free Scale to Sell self-assessment
Mission One Million by Merle Gilley and Steve Burton
Connect with Our Team:
Connect with Adam Burton and Steve Burton:
