In this solo episode, Marcel Schwantes sheds light on the effects of a toxic work culture on employee wellbeing.

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Show Notes

• “A toxic work culture was found to be 10.4 times greater than compensation in predicting a company’s attrition rate relative to its industry average.” [1:23] Marcel explains the not so shocking reason why workers left jobs in droves in the 2021 Great Resignation. 
• “When leaders lack empathy, fail to communicate clearly, or prioritize their own interests over the well-being of their employees, it can lead to a toxic environment.”[2:13] As Marcel says, a toxic work culture is not built overnight, it happens with consistently poor behavior in leadership that seeps into every aspect of the organization. 
• “It is about bringing our deepest sense of right, authentic caring, and highest ideals to business. It is about achieving success beyond success, measured in the flourishing of human lives.” [4:41] Marcel quotes the CEO of Barry-Wehmiller, Bob Chapman, to emphasize his point on the importance of prioritizing people over profit.

Mentioned in this episode:

• Marcel Schwantes

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