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334) Unraveling the Real Cost of Hiring and Retaining Employees

334) Unraveling the Real Cost of Hiring and Retaining Employees

FromBanking on Digital Growth


334) Unraveling the Real Cost of Hiring and Retaining Employees

FromBanking on Digital Growth

ratings:
Length:
48 minutes
Released:
Sep 19, 2023
Format:
Podcast episode

Description

Ever paused to ponder the true cost of bringing on a new team member? 

Reflect on an open role within your financial institution, be it a bank, credit firm, or FinTech. 

It's not just about the salary they'd earn. 

Remember to account for perks and potential tax implications.

Now, take that figure and multiply it by three or even four. Surprised? 

That's your actual hiring cost.

A staggering 65% of professionals in the financial domain could be scouting for new opportunities, as highlighted by a PwC study.

So, how can you make your organization an irresistible place they'd never want to leave? 

Find out with speaker and author of Never Lose an Employee Again: The Simple Path to Remarkable Retention, Joey Coleman, on this episode of the Banking on Digital Growth Podcast.

Join us as we discuss:

-Work-life balance and integration for leaders (12:06)

-Employee well-being and its impact on business (29:43)

-Employee retention and respect in the workplace (36:40) 

You can find this episode and many more by subscribing to Banking on Digital Growth on Apple Podcasts, on Spotify, or here. 
Released:
Sep 19, 2023
Format:
Podcast episode

Titles in the series (100)

If you’re part of a financial brand marketing, sales, or leadership team, you know the entire industry is in the midst of exponential change fueled by new technologies. Consumers now make purchase decisions long before they walk into a physical branch location, if they walk into a branch at all, while mobile banks, digital lenders, and fintechs have transformed traditional growth models rooted in legacy broadcast marketing and branch sales strategies.Get ready to gain practical insights, proven ideas, and empowering inspiration as financial brand marketing and sales leaders, along with the leading digital marketing and sales technology firms, share their stories to help you maximize your digital growth potential here on Banking on Digital Growth.