Turnover: The High Cost of a Bad Workplace Culture

The cost of turnover due to workplace culture exceeded $223 billion over the past five years.

There is a strong correlation between workplace culture and satisfied, engaged employees. When an organization’s culture is toxic everyone loses. A lack of communication between managers and workers is a leading contributor to the culture challenges facing many organizations. Managers are in a prime position to build strong and positive workplaces by listening to employees, holding workers and leaders accountable for their actions, setting well-defined expectations and clarifying essential information.

People don’t quit companies, they quit managers in companies. If you are at the top in an organization, are you communicating the need for your supervisors and managers to develop a culture within their own department of teamwork, cooperation, and a sense of equality?