Ha, I was just thinking about this in a very similar way the other day. Employee happiness is basically Good Will > Bullshit. Good Will is things like flexibl

Ha, I was just thinking about this in a very similar way the other day. Employee happiness is basically Good Will > Bullshit. Good Will is things like flexible working hours, office perks, interesting projects. Bullshit is anything that the employee percieves negatively. Retention builds on this. It's Good Will + Compensation > Bullshit. Compensation here can be salary or benefits. Many employees can be unhappy (Good Will < Bullshit), but not quit because they need the money or whatever. But, at some point, the BS will outweigh even good compensation, and that's when employees quit.