The Benefits of Effective Employee Retention.

According to the CIPD’s 2020 Resourcing and Planning Survey, the rate of voluntary employee turnover almost doubled from 5.5% in 2014 to 10.1% in 2019.

A modest level of staff turnover can be positive for a business – new starts can suggest new ways of working, approaches and ideas. However, the right culture, attitude, policies and respect can really go far in keeping your employees loyal and happy.

With lockdown now easing around the UK and around 34 million people vaccinated so far, people are becoming cautiously optimistic about a return to near-normality. However, as various scientists have noted, we will be living with variations of the coronavirus for many years to come, and this means that some restrictions may be here to stay or return in future.

The pandemic has brought up many challenges in all areas of our lives, including how and where we work.

So, after navigating online job advertising and virtual interviews you have found the perfect candidate and they’ve accepted the job, so what’s next?

Christmas is usually a time for employers to show gratitude and thanks to their employees, with the most common way being through a Christmas party, gifts or bonuses. But whilst we still live in the midst of a global pandemic and with some businesses having to tighten the pear strings, how can you still recognise and reward your staff?