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Many employers believe that theyu2019ve done their duty by providing a competitive salary package and staff benefits to their teams; however, thatu2019s not enough for a happy and productive workplace. In todayu2019s highly-competitive market, businesses must up the ante to attract and retain the best employees. They need to go beyond a paycheck and basic benefits, and should be willing to offer perks that truly resonate with todayu2019s workers.<br><br>
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Many employers believe that they’ve done their duty by providing a competitive salary package and staff benefits to their teams; however, that’s not enough for a happy and productive workplace. In today’s highly-competitive market, businesses must up the ante to attract and retain the best employees.
1. Health and Wellbeing Initiatives • According to a survey by Gartner, staff members who are satisfied with their work environments are 16 percent more productive, 30 percent more attracted to their employers over competitors and 18 percent more likely to stay. • In fact, two-thirds of the respondents revealed that they would be more likely to accept a new job or keep the job they have at a workplace that cares about their health and wellbeing.
2. Indefinite Flexibility According to Mercer's 2018 Global Talent Trends study, 51 percent of employees want their company to offer more flexible work options. Of the participants thriving at work, 71 percent reported that their company offers flexible work options, compared to 32 percent of those who are not thriving.
One of the main reasons good employees quit their jobs is because of their immediate superiors. There is thin line between a high retention rate and a high turnover rate, and usually the boss defines that fine line. 3. A Supportive Boss
Good workers often leave an organization because they feel they are no longer adding value, or that they have reached a ceiling in terms of their career paths. Typically, most employees are satisfied with their jobs the first two to three years after joining a new organization, or being promoted internally. However, they often get bored and complacent after a few years, as they master their daily activities. 4. Opportunities for Growth