This is a particular risk with millennials who are known for their lack of company loyalty. According to the Society for Human Resources Management, losing an employee due to company culture fit results in a loss of 50-60% of the employee’s salary. In fact, the company offers new hires $4000 to leave Zappos to ensure everyone is 100% integrated into the culture. Rather than just working to attract top talent, Zappos hires for company culture fit. One method is by hiring the right people. How does Zappos stay weird while continuing to grow? The design of the offices includes everything from jungle themes to Star Wars.
ATLASSIAN SHIPIT FREE
Tony Hsieh’s penchant for everything llama-related has led him to create his own commune in downtown Las Vegas, where they roam free amongst luxury employee trailer homes. Zappos has put the weird in weird company culture. When comparing three leading companies to the results found in Deloitte’s 2014, 20 Millennial Surveys, we begin to see some patterns. What is the secret behind these companies’ irresistible weirdness? It's time to take a deeper look into how these companies have evolved their work cultures and their approach to performance management – to meet the demands of millennials. These companies' policies have completely gone against the grain of traditional management strategies, yet innovation is flourishing and millennials are flocking to interviews.
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