It’s no secret that the Great Resignation is an ongoing, looming threat to businesses both small and large in the present and future. Employees are voluntarily resigning from their positions in large numbers, impacting the flow of business and financials of companies both small and large. Trends like these cause companies to search for innovative solutions to combat all the aspects that go in to losing an employee, or in this case, potentially multiple.
“The “Great Resignation” in the United States saw a record 4.53 million workers quit their jobs in March 2022, beating the previous series high of 4.51 million in November 2021, according to the Job Openings and Labor Turnover Survey (JOLTS) released by the U.S. Department of Labor’s Bureau of Labor Statistics.”
In the sales and business space, it can be especially difficult to lose an employee. The professional and business service industry saw the fourth highest quit rate of any industry in 2021, at a staggering 3.7% quit rate. Training a new hire is an intensive process that requires the company to invest time and money into getting an employee up-to-speed, which can take as long as 18 months. This combined with external costs associated with paying an employee can make the loss of this “investment”, in a business sense, a quick and painful loss that can take a long time to make up for and see returns on.
What if you could avoid these issues altogether? At Channel Methods, our business model allows this to be a reality. We are a team of sales experts and marketing specialists who are passionate about providing Life Science services firms with the talent and resources you need to boost revenues and close deals. In providing this talent, your company avoids the investment of time into getting a new hire up-to-speed and avoids the loss of sunk costs into these hires. We work as an extension of your sales team, augmenting your efforts with real qualified opportunities through smart inside sales, powered by our unique data – and we will always have someone ready to be a part of this team.
With our ready-to-go sales talent, your business momentum will be maintained, and you won’t have to worry about the impending possibility of resignations, even in times like these. We want to be a partner with you, not only alleviating these pains but also growing together to find solutions and ultimately find success.
When the times change, approaches must change too. Let’s find a solution together.
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