Give yourself a mid-year boost and check-in to make the most…Is TypeWhizz Real Or Another Online Scam? Let’s InvestigateYou’ve been searching far and wide for the perfect employee to fill that key role and you’ve finally found them: they meet all your criteria, tick all the boxes and are a great culture fit. But then, just eight months later, they hand in their resignation letter. What went wrong?
Fuelled largely by the pandemic, businesses are currently experiencing ‘The Great Resignation’, where employee expectations and priorities have shifted, talent is in short supply and the way we work has been turned upside down. But while much has changed, one simple truth remains: being good to your staff is good for business. And, it’s not just important to attract the right talent – you need to be able to keep them too.
One practical way to start doing this is to foster culture of learning and growth. According to an article by Deloitte, companies with a strong learning culture see an increase in retention and engagement of between 30% and 50%. Consider offering staff training and learning programmes that empower and enrich your people, and you could unlock their full potential.
From budgeting, retirement and taxes to understanding debt and the power of compound interest, financial education can empower your employees with the right information that allows them to be financially fit and informed.Nothing is as precious as good health—and as an employer, you can provide valuable support to your employees in this area.
Besides medical aid, a recent Forbes article listed Wellness Offerings as one of the top 15 effective employee retention strategies. Why? Because investing in employee well-being means less sick leave and more energised, loyal people. Letlhogonolo Lesiba, Director of Employee Benefits atFinancial Services Group, says that if you do offer an employee wellness programme, make sure that it’s consultative.