Talent turnover costs US companies more than $160 billion a year.
Replacing any team member can set you back as much as 2x their salary.
With high performers delivering approximately 400% more in productivity than the average employee, losing even a few star workers can have an astronomical impact on your bottom line.
Not only do high-performers cost more to replace, new research shows less than 1/2 of them are satisfied with their jobs, and 1 in 5 are likely to leave in the next 6 mths.
A good sign for the economy – one of many indicators used to signal improvement.
It also signals it is time to focus on your talent or employer brand.
Your organization no longer has the luxury of singularly focusing on “how good is our product or service?” It is equally as important to ask, “How good a company are we to work for…?”
Left to chance, you will discover your talent is on the move. While people stayed put for the duration of what they thought would be a short economic blip, many are now willing to consider taking on new roles at new companies.
The companies who always rank high in retention and engagement all have two things in common:
- They focus on the importance of their employer brand and
- Invest in the happiness and well-being of their team.
Ready to Get Your Talent Brand Right?
Cerca Talent+ is a full-service Executive Search Firm with a strategic focus in the areas of Clinical Diagnostics, Molecular Diagnostics and Oncology, Genomic and Genetic Medicine. Our clients choose Cerca because of our deep understanding of the industries we serve. They continue to work with us based on our extensive market knowledge, vast connections and quality of results.
We Provide Top Talent to create Peak Performance. That’s a good match for any company. Partner with the group that can talk shop and gain rapport with the pros who will lead your business into the future. Email Scott Rivers today at firstname.lastname@example.org, or call direct at 201-594-2101, and we will begin the process of finding you Top Talent guaranteed to help you set records.
Scott Rivers is the Managing Director of Cerca Talent+, a talent agency for the Oncology, Genetics and Life Science Industries. Scott’s recruiting experience extends into the areas of Diagnostics, Equipment and Device, Genomics and BioInformatics. His team manages recruitment for businesses focused on these areas in all roles.
As a leader who has worked at every level of commercial, medical sales and global marketing, Scott is an intense professional who partners with organizations to fine tune talent branding. If you are a leader looking to expand your team with professionals who are focused on delivering work in which they take pride, and you can be proud of, every day, then Scott would be privileged to help you in the process. Having been a professional in the fields where you focus, Scott knows the ins and outs of the companies, the business and the customers you are working to come alongside.