Employers are learning to adapt in the wake of many businesses returning to pre-Covid staffing levels. They are exploring many strategies to recruit and retain employees; these include retention bonuses, sign on bonuses, and increased wages. However, research has shown that boosting employee morale has always been a tried-and-true formula for attracting and retaining top notch employees.
If you are dissatisfied with your current employer, you are not alone. A 2017 Gallup poll found that only 30% of workers feel engaged or connected to their employers. A separate poll indicates that 30% of millennials would quit their jobs if they became unhappy, and 79% of them think that their bosses don’t care. Low morale costs more than just the loss of good employees. It has a hefty price tag as well with turnover costing businesses anywhere from 450 billion to 550 billion dollars per year.
The good news is that employers are catching on to what increases employee morale. If you are in the market for a new job, you might want to consider a company that engages in the following practices.
Larger companies have been among the first to devise new and ingenious ways to recruit and retain employees, but smaller companies are becoming innovative as well. If you are experiencing job burnout, please call one of our Recruiters at 334-265-0100. We have over 60 years of experience helping people, and we would love the opportunity to help you be happy in your career. “If you’re happy and you know it, then your face will surely show it, if you’re happy and you know it clap your hands.”