The Marketing Blender Show
Losing an employee doesn't just cost you a paycheck — it can cost your business hundreds of thousands of dollars. 💸 In this episode of The Marketing Blender Show, Dacia Coffey sits down with Mark Mitford, CEO of HR Catalyst and author of People Are Your Profit, to break down why people strategy is one of the most overlooked profit levers in small and mid-market businesses. Mark spent over 24 years in corporate HR at companies like Ericsson, Texas Instruments, and PepsiCo before shifting his focus to helping small and mid-size businesses — the 99% of U.S. companies that often have no dedicated people strategy at all. In this conversation, he and Dacia get into the real math behind employee turnover, why most CFOs and controllers end up running HR by default, and why culture has to be intentional, not accidental. You'll hear about: -The actual replacement cost of losing a $50K employee (it's a lot higher than you'd guess) -Why HR so often ends up bundled into compliance and finance — and what gets lost when it does -The "sniper" dynamic that quietly wrecks team performance -How companies like Zappos, Costco, and Chick-fil-A build retention into their hiring process from day one -Why unlimited PTO actually works (and why most leaders get it wrong) -Where AI genuinely helps recruiting — and where it quietly costs you great candidates -How Dacia rebuilt her own hiring process to match her company's culture and intensity Whether you're a founder, a marketing leader, or someone building out your team, this episode will change the way you think about your people as a business asset — not just a line item. Resources Mentioned: Mark Mitford's book, People Are Your Profit — available on Amazon: https://www.amazon.com/People-Are-Your-Profit- [https://www.amazon.com/People-Are-Your-Profit-] Transform/dp/1970582227/ HR Catalyst website: hrcatalystconsulting.com HR Catalyst YouTube channel: https://www.youtube.com/@hrcatalystconsulting5699 [https://www.youtube.com/@hrcatalystconsulting5699] Connect with Mark Mitford on LinkedIn: https://www.linkedin.com/in/markmitford1/ [https://www.linkedin.com/in/markmitford1/] 🔔 Hit the notification bell so you don't miss future episodes 🔔 🔗 Find out more about The Marketing Blender [http://themarketingblender.com]
100 episodes
Comments
0Be the first to comment
Sign up now and become a member of the The Marketing Blender Show community!