Employee retention is arguably one of the most critical factors in running a successful business. Satisfied employees will be far more motivated and dedicated to doing the best job for your company. Unsatisfied employees are likely to invest less in your business and may be looking for job opportunities elsewhere. High staff turnover will have an obvious negative effect on your business, both in terms of lost productivity and revenue. The infographic by 4imprint.co.uk shows that a massive 72% of UK employees believe feeling valued at work is extremely important. Job perks can help employees feel valued and satisfied in the workplace. For instance, 4imprint.co.uk found that 39% of employees feel that flexible working hours would improve their job satisfaction, and 43.5% of employees value a work/life balance over a large salary. The infographic also suggests that business sustainability is a key factor in employee retention according to this information, a sustainable business often benefits from higher employee retention.
Top Ways To Improve Employee Retention
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