What Makes An Employee Stay? Would You Believe Energy?
Hiring good people. Giving them incentives to work hard. Rewarding them. All important but did you know the most important key to retention is the energy in your workplace ? According to newswise.com, research shows that people who energize their work colleagues are less likely to voluntarily leave an organization - unless they are high performers. A research study has found that people's energy towards colleagues has a major influence on how likely they are to leave their josb voluntarily. IT workers over a four-year period were studied by academics at the Grenoble Ecole de Management (France) and the Surrey Business School at University of Surrey. Retaining staff is a key focus for companies since staff turnover causes huge costs in terms of recruitment fees, training and loss of organizational performance. It is estimated that replacing a high level executive can cost up to 4.5 times' the employee's salary. The study reveals that people who have ...