Chapter 6: How Retained Employees Drive Recovered Revenue
The pharmacy benefits operation
National PBM, 3,500 employees, call center frontlineA national pharmacy benefits manager with 3,500 employees was experiencing 61% annual manager and frontline turnover in 2015, with contract renewal rates under pressure from clients citing inconsistent service quality. Leadership implemented a retention program focused on reducing turnover as the primary intervention, not customer satisfaction directly. Turnover dropped from 61% to 18% over 12 months across 348 unit managers, and NPS moved from 24 to 81 over 18 months across 10 million patients. $104 million in EBIT was delivered across that period. The CFO attributed workforce stability as a material factor in every major renewal conversation during that window.
61% to 18%
Manager and frontline turnover, 12 months
24 to 81
NPS, 18 months, 10M patients
$104M
EBIT delivered
Source: The Flight Risk Score, Chapter 6.