We help professional services firms thrive.
At a professional services firm, your people are your most valuable asset. The success of your firm relies not only on hiring exceptional people, but also on retaining those people and helping them reach their full potential.
However, the long hours and intense pressure at professional services firms can prevent even the most talented and dedicated individuals from performing their best. Many high achievers get overwhelmed, develop poor habits, and suffer from chronic stress and anxiety.
The Danger of Not Recognizing the Link Between Employee Well-Being and Employee Performance
Professional services firms that fail to recognize the link between employee well-being and employee performance suffer from:
- Lower engagement
- Lower productivity
- Higher turnover
- Higher healthcare costs
McKinsey estimates that failing to prioritize employee well-being can cost an organization up to 55% of average annual pay. The losses can be enormous.
For example, consider a professional services firm with 1,000 employees and an average annual pay of $200,000 per employee. Failing to prioritize employee well-being could cost this firm up to $110 million per year in lost economic value ($110,000 per employee), with the majority of the losses coming from reduced productivity.
Taking care of your employees is not only the right thing to do. It makes economic sense.
As McKinsey writes, “Failing to prioritize employee health risks creating a sicker, unhappier, and less productive workforce, burdened with higher healthcare costs and diminished productivity.”
About Our Founder: Pete Leibman
As a leading expert on habits for peak performance, Pete Leibman is the author of two books and more than 300 articles. His latest book is Work Stronger: Habits for More Energy, Less Stress, and Higher Performance at Work.
Before founding Stronger Talent, Pete worked at Heidrick & Struggles (H&S), one of the world’s premier human capital consulting firms. As a member of the Professional Services Industry Practice Group at H&S, Pete helped professional services firms identify, recruit, and develop exceptional talent.
Pete’s clients, speaking engagements, and press have included the following, among others:
Pete’s career began in the professional sports industry working for the NBA’s Washington Wizards. He was their #1 Salesperson of the Year for three straight seasons. Pete graduated Phi Beta Kappa from The Johns Hopkins University.
On a personal note, Pete lives in Arlington, Virginia, which has been recognized as “America’s Fittest City” for seven straight years. He has competed in the Obstacle Course Racing (OCR) World Championships. He’s also the Founder of Arlington Sports Conditioning, one of the top group fitness programs in the Washington, D.C. area.
Connect with Pete Leibman
You can connect with Pete on LinkedIn or by email at Pete@StrongerTalent.com.
Interested in hiring Pete to design and deliver a keynote or workshop for your organization? Click the button below to schedule a call with Pete to discuss.