About this episode
Treat Employees as Investments by Quantifying Their Economic ValueThe speaker argues that companies won’t get desired results if they treat employees as an expense rather than an investment, and urges leaders to quantify the economic value each hire should bring—not just through sales. Referencing Cody Sanchez’s approach to defining expected value from people she hires or businesses she invests in, the speaker says building a team requires understanding onboarding, training, and management, and also the measurable impact each employee should have on the bottom line. Because many companies fail to quantify this, they lack a clear target to manage toward. By viewing salaries as investments, leaders should define expected ROI and then measure employee activities and actions against the value they are meant to create.Join my DIFRNT community
