“Gone are the days of the pasture cowboy to the pen checker, but also gone are the days of the 20-year employee,” Nicholls said.
“What they’re looking for in employment is very different. They’re not necessarily looking at the finances as much. Finances matter, because the world costs a lot, but they’re also looking at job satisfaction. Are they happy at the end of the day? Do they feel fulfilled? They’re looking for transparency and career development.”
An employment life cycle features the five stages of hiring, on-boarding, training, growing and moving on. He said there is a real cost to that turnover.
Nicholls ran a cost-analysis model from the Canadian Agricultural Human Resource Council using a $15 an hour employee and a $25 an hour manager, and it amounted to $12,305 in re-hiring costs per employee. Those costs add up, particularly when accounting for seasonal work and condensed numbers in certain operations.
Click here to see more...