Inexperienced Leadership:
Average age of senior leadership is in the low 30s. The top three people in the company have no experience working outside of HomeWorks. Employees are vocal and honest with senior leadership and HR about the company’s problems but, due to favoritism, no action is taken. Problems are largely centered around a single amoral and disrespectful individual who has secretly recorded one-on-one meetings, tried to claw back compensation retroactively, and makes disrespectful comments about women in the office.
Do not see value in retaining existing employees:
Management knows that PTO, pay, and benefits are not competitive. They are losing employees and are not able to recruit new talent because of this but refuse to take action because they deem it too expensive. They do not realize the financial and cultural costs of low retention. They should be focused on improving retention instead of growing the bottom line by expanding to new markets at all costs. They would rather throw money at replacing somebody with an alternative who will accept less pay than appreciate or develop existing employees.
Most of management is professional and in-tune with employee’s needs but the most senior members of management refuse to act. The company is hemorrhaging talent and nobody with the capability to stop the bleeding is taking action.