A study suggests that free snack offerings not only attract and retain employees but make them engaged and productive.
Browsing: Employee Retention
The company’s two major initiatives aimed at employee engagement and retention have been in the pipeline for over a year now.
The biggest challenge for organisations is to retain employees as attrition increases from 10.3 per cent to 12.6 per cent between 2014 and 2015.
While hiring volume has remained stagnant, the budget for recruiting solutions has dropped, leading talent acquisition officers to rely on employee referrals and employee retention.
Ironically, the more we know of employees and their longevity in an enterprise there is a greater probability of those employees being short changed in terms of rewards and remuneration – the Known Devil Syndrome!