Why Retention & Engagement Matter More Than Ever
The Hidden Cost Crisis
Professional services firms are bleeding talent – and money.
The numbers don’t lie:
Replacing one senior associate costs 150–200% of their salary
Disengaged employees cost 18% of their annual pay in lost productivity
High attrition damages client relationships, delays projects, and burns out remaining teams
But here’s the problem: most firms don’t know the real cost. They see the recruitment bills. They feel the pressure. But they don’t have the data to act.
The Commercial Impact
When top talent leaves:
Client relationships suffer - continuity breaks, trust erodes
Institutional knowledge walks out the door – processes, relationships, expertise
Remaining teams burn out – workload increases, morale drops, more people leave
It’s a vicious cycle. And it’s expensive.
The Solution
You can’t fix what you can’t measure. That’s why we built the Retention & Engagement Fix.
It gives you:
The real cost – quantified financial impact of attrition and disengagement
The root causes – data-driven analysis of where your employee experience is breaking down
The fix – prioritised action roadmap with ROI projections
No guesswork. No vague culture initiatives.
Just clarity, speed, and commercial impact.
What You Get with elevatehx
Our 5-Day Sprint Delivers:
✅ Employee experience diagnostic report – What's working, what's broken, and why
✅ Visual employee journey map – Every touchpoint from hire to exit
✅ Prioritised action roadmap – Quick wins and strategic initiatives with ROI analysis
✅ Leadership summary presentation – Clear, data-backed recommendations for decision-makers
✅ Co-creation workshop insights – Solutions designed with your people, not imposed on them
FAQs
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You can try - but HR is stretched thin, lacks independence, and employees often won't be fully honest with them. External expertise brings objectivity, speed, and psychological safety.
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The opposite. Employees are more honest with us because we're independent, confidential, and not tied to internal politics or performance reviews.
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We specialise in professional services, financial services, media, and tech. We've worked inside organisations like yours and understand the unique pressures and culture.
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Good. That means we've uncovered the truth. Our job is to show you reality, not tell you what you want to hear. Sustainable change starts with honesty.
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No. We prioritise quick wins and strategic initiatives. You control the pace and what gets implemented. The roadmap is yours to own.
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You own the roadmap and implement it internally. We're available for ad-hoc support if needed, but there's no ongoing retainer or dependency.