Employee Development is Key to Retention

Companies that invest in their employees (inputs) will find that they can increase their profits (outputs) by producing team members that are more engaged and less likely to leave (retention). The common adage goes something like this, Manager 1 asks, “What happens if we invest in training and developing our employees and they leave?” Manager 2 responds, “What happens if we don’t and they stay?” Rather than look at the negative examples in your experiences as a person in a position of leadership, as those of your peers, focus on the success stories and build your vision around those common denominators. Alex Blagojevic joins The DYOJO Podcast (Episode 43) to share her perspectives as a young insurance professional on how she was inspired by the organizations that invested in her. We also discuss the book Insuring Tommorrow: Engaging Millennials in the Insurance Industry by Tony Canas and Carly Burnham of the Insurance Nerds which was written to help organizations better understand the largest current and incoming generational workforce. If you refuse to learn to interact with millennials, you will soon find that your company has no future. Alex also speaks to growth minded professionals about having a 5 year plan and sharing that with your manager so that everyone can be on the same page with regards to vision and goals. She shares how organizations that invest in soft skills training, such as customer service, empower their teams to take ownership for their personal growth as well as better contribute to the growth of the company. Watch the whole interview in The DYOJO YouTube page or listen via The DYOJO Podcast on Apple and Spotify. The DYOJO Podcast, helping you shorten your DANG learning curve for professional development, releases every Monday at 6am PST, in 2021 we will be recording many of our episodes LIVE on Thursdays at 9am PST.