Tips for a healthier way to work
9 Ways Employers Can Enhance Retention
The cost of turnover in the United States is $1 trillion each year. Yes, you read that correctly. A trillion dollars—which means a trillion reasons for businesses to put staff retention first.
You might be wondering why the cost of turnover is so high. Well, there are a variety of expenses to account for when workers leave a firm, including:
The cost of replacing the employee in terms of both time and money (including onboarding and recruitment of new talent).
Low morale of employees who are left behind.
Productivity loss throughout the recruiting and onboarding process
Loss of expertise and corporate knowledge for your firm.
According to Gallup, replacing an employee might cost anywhere from one-half to two times the person's yearly compensation. On the other hand, companies that retain their staff for extended periods of time can easily benefit from rewards that go beyond the expenses of recruiting and training.
Retention of employees leads to:
Improved client service.
Continuity and momentum within teams and throughout the organization.
A more positive corporate culture that supports employee engagement.
Companies can also improve their recruitment process to grow their teams when engagement is high, and turnover is low. In other words, it's to your company's best advantage to look after your current workforce and employ strategies that increase retention and engagement wherever possible.
If you are looking for ways employers can enhance retention rates, read on!
How a Standing Desk and Desk Bike Can Help Optimize Work Performance and Energy
You cannot talk about energy optimization and work performance without mentioning Flexispot products such as the best standing desk mate, the Under Desk Bike V9U, that can boost the energy of an employee while cycling without making any noise.
We accept articles, stories, and reviews that feature our products. The topics can also include tips on ergonomic, workplace design and how to make a healthy daily routine. If you are interested to collaborate with us, send an email to [email protected].
Find out what's happening in Get motivated and inspired, join our Flexible WFH Community： https://www.facebook.com/groups/flexiblewfh/.