What Employees Really Want Isn't a Raise
When a great employee leaves, most leaders assume it was about pay. Larry Salazar has the data to argue otherwise. The single largest contributor to the financial stress that drives turnover is housing, and almost no employer is doing anything about it.
Larry is the President and co-founder of NestSTEPS, a platform that turns home ownership into an employee benefit. In this conversation with David Carr he makes the business case: replacing an employee costs 50 to 200 percent of their salary, housing eats roughly a third of household spending, and financially stressed employees lose about 9…
The skinny
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