Creating Disney Magic

← Creating Disney Magic14 jul · 15 min

The Real Cost of Turnover and Retention

The Real Cost of Turnover and Retention14 jul15 min

"Don't hire someone just to fill a position. Hire the right person for the long haul."

Episode Chapters

[00:01:35] Looking Beyond Retention Rates

[00:03:02] Why Great Employees Always Have Options

[00:07:59] How Disney Measured Turnover and Retention

[00:10:42] The Real Reason Employees Leave

[00:12:35] Using Data to Improve Hiring and Leadership

Low turnover doesn't always mean your organization is healthy. In this episode, Lee Cockerell shares the difference between retaining employees and retaining the right employees. Great people have choices and poor leadership is often what drives turnover. When you take the time to understand who leaves and why, it can strengthen your culture, improve hiring, and build a stronger organization.

Read my blog for more from this episode.

Resources

CockerellStore.com

The Cockerell Academy