Losing employees is not only time-consuming, it can also cost your company dearly. A study by the Society for Human Resource Management revealed that finding, hiring and training new employees can cost up to nine (!) regular monthly salaries. So how do companies manage to retain employees and spend their money more wisely? Employer branding that thinks beyond the application phase is a key factor.
Alexander von Bülow is an expert in business psychology and knows the answers to the question of what makes people want to go to work every day. In this article, he illustrates his findings using the example of the care professions. However, all other sectors can also benefit from the expert's insights.
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