The employee retention platform to build Trust, Belonging & Wellbeing
Build social capital to better attract and retain talent.
Retain employees with stronger social ties.
The impact of communities on employee retention
Personal ties - Employee retention
Empower employees to grow their internal network and make friends at work :)
MixR empowers employees to connect with each other around shared interests, life experiences, domains of practice, and location.
Community ties - employee engagement and retention
Develop Trust, Belonging, Diversity & Inclusion at work.
MixR’s communities@work unlock a new frontier of employee retention strategies by providing a safe environment where employees can come together to learn, grow, support, co-create, or just have fun.
Company ties - Employee Retention platform
Create a company culture that people won’t want to leave.
MixR's employee retention platform empowers HR and employees to co-create culture and social capital in digital and in-person communities.
This kind of co-creation is key to nurturing belonging, recognition, and mutual accountability. It is paramount for any employee retention strategy & program that aims to succeed at scale.
What is poor retention costing you?
of yearly salary per employee
For a company of: 1,000 employees, with $50,000 average salary, and voluntary turnover of 25% (US average)
Lower Limit
1000 * 0.25 * (0.5 x 50000) =
$6,250,000/y
Upper Limit
1000 * 0.25 * (2 x 50000) =
$25,000,000 /y
Every year, you lose between $6 Million and $25 Million per 1000 employees due to voluntary turnover
Community is the key to retaining office and remote employees
It’s time to win back your employees !
What do they have to lose?
Loss aversion is a psychological feature common to all of us, it pushes us to over-value what we lose, and undervalue what we gain. In other words, when making a decision, we think about what we have to lose first.
When an employee leaves, the question should always be: what did I give them to loose?
When the money is the same...
A retention strategy focused solely on salary & perks will always lead to an escalation game of “I’ll pay you more”. It will fail to retain & attract talent - and become economically unviable in the long run.
For a comparable pay, employees who only gain financialy from their jobs have little to loose when they jump ship.
Where is your unique value proposition?
Interpersonal Relationships
Empowering employees to forge positive relationships ensures that they have strong ties to the organization.
Trust & Belonging
Trust & Belonging are determinant factors of collaboration, mental health, and social fulfillment.
Peer Recognition
Building social status requires time, opportunity, and continuity. Leaving means having to start all over again.
Internal Network
Employees with a strong internal network advance faster in their careers and are less likely to leave.
Leadership Opportunities
Create opportunities for employees to develop and showcase their leadership skills.
Sense of Community
Our sense of community is the relationship & attachement that we have to the organization.
It comes down to culture and social capital
The social capital that an employee acquires at your company cannot be reproduced, and can weigh heavily in their decision to leave. To be effective, an employee retention platform must empower social capital creation at scale.
Let’s add a Human touch to your workday ;)
Additional reading on employee retention
- Basics of employee retention
- What to look for in an employee retention platform
- Guide to retaining employees
- Looking at employee retention strategies
