The overall cost of replacing an employee can be anywhere from 90 to 200% of their annual wages. To illustrate, an employee who makes $50,000 a year can cost you up to $100,000 to replace! Whether you’re a small, medium-sized, or large business, this isn’t a cost you can … [Read more...]
Key Strategies To Improve Talent Retention In 2021
Retaining the right talent is a key factor of success for any business. As long as there is not too much turnover, talent retention can be a good thing for brands and can help businesses grow. Fresh talent means new perspectives and new visions. On the other hand, a large amount … [Read more...]
Why Rewarding Staff is Key for Business Success
There are many aspects that make up a successful business, but one area that is often overlooked is rewarding staff for their hard work. Staff benefits and incentives can have an enormous impact on individual and team performance, morale, productivity and loyalty amongst many … [Read more...]
Employee satisfaction is more important than you might think
Employee satisfaction is one of the most important parts of running a business. If your employees are satisfied at work, they are more likely to work hard, stay with your company and put in the extra effort. Happier employees will curate a better office atmosphere and, … [Read more...]
7 Creative Employee Appreciation Gifts They’ll Love
Your employees are the bread and butter of your business. A business is only as good as the people who work for it, so you want to make sure your employees know how much you appreciate them. Without good employees, your business probably wouldn’t be where it is today. A plane … [Read more...]