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Retaining Talent

By October 23, 2023 No Comments

Retaining Talent

The challenge

  • How do you get people to willingly contribute their highest levels of physical, emotional, and mental energies to work and do their jobs to the best of their abilities?
  • How do you get people to be committed, passionate, loyal, and dedicated to managers and the company?
  • How do you get people to work together harmoniously and continually seek ways to do their jobs better, faster and at a lower cost?

The solution

  • Develop a fully energised and passionate workforce with employee engagement as a strategic initiative.
  • Make your employees feel happy about coming to work, as valued employees are proven to be more committed to your values.
  • Create a culture of appreciation to ensure people feel part of the vision and “included.”

Keeping your staff engaged and passionate can have a significant impact on your business. The results of improved employee loyalty can include increased levels of productivity, a lower turnover of staff, fewer sick days, and improved customer experience, with increased efficiencies and reduced overheads leading to higher profits and competitive advantage.

World renowned American analytics and advisory company Gallup estimate that it costs up to 150% of salary to replace an employee. How much is staff turnover costing you? See below.

As little as a 1% spend of payroll on employee recognition and positive feedback programs driving a Culture of Appreciation can deliver a significant impact on employee engagement with praise and commendation from managers voted as the best motivator for improved performance at work.

Retaining talent is a significantly more cost effective than replacing staff so build a culture of inclusion to ensure your top performers work for you and not your competitors.

Tony Delaney, CEO Brownie Points

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