Companies are constantly striving to retain their best employees, but problems can arise if they’re not shown a modicum of respect by management. If hard-working employees are shown appreciation by their managers and team leaders, they’ll feel less compelled to find a new job. This will also help to keep employee turnover rates down.
Here are three ways you can maintain retention rates by ensuring your managers are respectful and supportive of their teams:
Millennials are the hardest generational group to engage in workplace culture. They provide a challenge to every leadership team, culture committee and HR group around the country. But engaging millennials in your company culture can pay dividends, motivating them and connecting them to your organizational goals, which in turn can increase their productivity and retention rate. Wellness can serve as that common thread: it benefits both the organization and its millennial employees.
We are hearing a lot of talk in the industry about employee perks and how best to satisfy your workforce. We entered a phase of foosball tables and stocked kitchens, kegs in the office, and unlimited vacation. Perks are great, but there are some simple, concrete and conventional ways to satisfy employees for the long-term, long after the allure of beer and recreation wears off. Here are three elements to keeping your employees satisfied:
Employee recognition programs typically make up just 1 to 2 percent of the total payroll budget on average. The return on employee recognition can be much higher and you don’t need a large budget for your program to make it best-in-class. Employee recognition can improve engagement, retention, and create a stable staff environment, according to Katie Scott of Globoforce. Discover 3 ways to see a return with your employee recognition programs.
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