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Career Advice: Invest in Human Capital

Let's talk about human capital. It's the big bundle of an organization's knowledge, skills, abilities, and adaptability. Being crucial for sparking innovation and achieving success, it's super important. It leads to top-notch performance, happier team members, and a stickier workforce. And it's not just about skills; it's about nurturing a space where growth and innovation can thrive.

1. Investing in development:

• Training and Education: Think about continuous learning opportunities, like workshops, online courses, and tuition programs. It's all about keeping that brain ticking!

• Mentorship Programs: Imagine pairing newbies with experienced team members to help them get a feel for the company culture and enhance their skills.

2. Creating a supportive environment:

• Work-Life Integration: People have WHOLE lives outside of work. Leading with this understanding is crucial to providing an environment that supports happy and renewed employees. We could get in the WEEDS around this, but we are saving it for another day. 😉

• Well-being Initiatives: Wellness programs are essential for taking care of our physical, mental, and emotional health.

3. Effective onboarding:

• Retention & Productivity: Did You Know? Strong onboarding improves new hire retention by a whopping 82% and productivity by 70% (according to Glassdoor).

• Cost of Turnover: Losing an employee in the first year can cost three times their salary (Wynhurst Group)—pretty steep, huh?

• Employee Engagement: Engaging onboarding can retain 91% of first-year workers (BambooHR)—now that's impressive!

Check out our onboarding blueprint HERE.

TL;DR.

Human capital is the heart of any organization. People-centric strategies can unlock the potential of our workforce, drive innovation, and improve retention and success. When employees feel valued, supported, and empowered, they're able to give their very best.

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The N’good Book Club Summer Session starts on July 1st! And we have a book, and it’s SHORT! Like, really short. If you want to learn how to take giant leaps without trying harder. You won’t want to miss this. Read below for more information. And all the way to the bottom to get a clue about what author we will be reading.🥸 

The format:

• A weekly reading schedule

• Weekly discussion topics in a safe space on a member only platform 

• Opportunity to share your insights and connect with like-minded community 

• A live virtual workshop hosted by Brooke & Kenna at the end of the month on the topic of the book.

Resources Worth Your Click:

⚒️ Get our free onboarding tool kit to nail your first 90 days

☕️ If your summer is full of travel like ours and you love/need a good cup of coffee in the morning, we can’t recommend these instant coffee packets enough. Be good to yourself!

🎧 This episode of On Being is deeply beautiful. If you would like to learn about Nature’s Wisdom for Humanity, we highly recommend it!

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