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· Programs, workshops, and corporate transformation ·
Spirituality in the workplace · Increasing retention & reducing turnover ·
Enhancing creativity & reducing stress · Improving employee morale ·
Body, Mind, Spirit, Soul · Work Life Balance · Health & Wellness |
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Xerox, Motorola, Hewlett-Packard encourage spirituality in the workplace. These three companies are also in the top ten companies for retention leaders. |
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Growing interest in workplace spirituality is reflected in the growing number of conferences on the subject. Thirty conferences were scheduled in 1999; over 75 were held in 2000. |
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McKinsey conducted spirituality consulting for one telecommunications organization that had difficulty retaining its customer service employees. Retention improved 65% and they showed a similar improvement in customer retention. |
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Most companies do not know what it costs to lose an employee. The cost is 1-3 times the employee's yearly salary.
-Kepner-Tregoe |
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An average company loses @ $1 million with every 10 professional employees. |
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Replacement costs can be as high as 150% of the position's salary
-Fortune magazine |
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The soft costs of employee turnover includes:
- Intellectual capital
- Missed opportunities/revenue
- Decreased morale
- Increased stress
- Lost production
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Nearly 90% of executives polled thought employers were doing more now
than five years ago to boost creativity. |
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Nearly 45% of hiring experts say they've lost top workers in because the company was unable to provide challenging growth opportunities, based on a Exec-U-Net survey. |
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