Business Resource Networks
Employee turnover is a substantial cost to employers.
The Business Resource Network (BRN) is a tool designed to assist companies leverage resources, ensuring their employees’ personal needs are met and therefore, improving workplace engagement. Companies participating in a BRN have an experienced success coach that works on-site at each business as an extension of their Human Resource department. Success coaches may provide assistance to employees to help manage life’s challenges (e.g. child care, transportation, housing), so employees can be more reliable and productive. For employers, these services help to reduce turnover and create a more stable workforce.
BRNs are operated by the local Michigan Works! Agencies.
How does it work?
•Companies pay membership dues
•Have access to a success coach
•That success Coaches meets with employees facing individual challenges, connecting them with resources and assistance
•Employee needs are met and they are then able to be successful with the company
Let’s talk about Retention
The minimum cost of turnover is $3,500 per Employee INCLUDING the cost of posting the open position, interviewing, training new employees, overall decrease of department productivity, etc.
If the success coach can retain just TWO employees, the cost is more than covered.
If you are an employer interested in learning more about how a BRN can help you contact Michigan Works! West Central to learn more.
For employers in Lake and Osceola counties click here.
For employers in Mecosta county click here.
For employers in Newaygo county click here.