Staff Loyalty: Happy Staff = Loyal Staff

Job satisfaction is the key to staff loyalty. Eight out of ten workers who are the most dissatisfied with their jobs are currently looking for a new job, according to our recent Workplace Index report.

Staff churn can be seriously damaging for a business. Every time an employee leaves, employers must go through the lengthy and expensive process of recruiting, hiring and training a replacement. This incurs costs – not only in terms of hiring costs but also in terms of the lost management time to identify and interview candidates as well as train new hires.

Employers with the highest employee dissatisfaction experience five times the level of staff churn compared to employers with happier staff. That’s five times the recruitment costs and five times the amount of management time spent unnecessarily.

So how can you aim to diminish staff churn in the workplace? Take a look at some of the main issues that employees cited as key factors in their decisions to leave:

  • Poor office culture
  • Lack of current challenges in their role
  • Salary
  • Distrust in leadership

Learn more about promoting positive office culture in next week’s blog. And to download the full Workplace Index Report, click here.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s