Toxic Environments: A Look at the True Cost of Employee Turnover with Elizabeth Boyd

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What is the cost of toxic environments? Employee turnover = loss of productivity, decreased morale, and high replacement costs. Losing employees also takes a toll on the remaining team membersToxic environments drive employees away. The list goes on. The good news is, you have the power to lead the charge in creating a positive work environment. By taking action and advocating for change, you can make a real difference in the lives of your employees and your organisation. In this podcast episode, Lech Guzowski and Elizabeth Boyd discuss toxic work environments and their impact on businesses.

Key takeaways from this episode include:

• Toxic work environments cost businesses billions of dollars in lost productivity and employee turnover.
• Toxic work environments are often characterised by a lack of communication and feedback, as well as a reluctance to address problems directly.
• Addressing toxic work environments involves identifying the root causes of the problems and having open and honest conversations with colleagues and leaders.
• It's important to take a human-centred approach to work, focusing on the needs and experiences of individual employees.
• Simply copying strategies from other organisations can lead to problems; it's important to understand the underlying principles and adapt them to your own situation.

SELECTED LINKS FROM THE EPISODE

Episode show notes

Elizabeth’s LinkedIn

Elizabeth’s website

Culture micro-practices

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Hosted and produced by Lech Guzowski at human culture design

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