happy employee low attrition rate
A healthy organization needs a higher retention rate and low attrition rate. To minimize employee attrition, ensure the workplace wellbeing of your employees and keep them with you.

For any organization, a high attrition rate is a sign that either the employees are unhappy or there should be a change in organizational policies. Read here the three tips to keep employees happy.

Employee Happiness

Employees are not a permanent part of any company. They may move away or retire at some point. But if they are present in your company, their workplace wellbeing and happiness are your responsibility. If they leave a company for any reason, then the managers must understand why this is happening. Every organization wants to have happy employees as it results in productive employees.

Link To Employee Productivity

Employee Attrition and Employee Productivity are linked. Higher attrition can reduce the productivity of employees. It costs money and time. Employee attrition can’t be controlled by organizations, but they can manage it. To maintain employee attrition rates, you should focus on employee happiness. The personal wellbeing of employees will also affect their productivity.

Reasons For High Attrition Rate

A company runs on its employees. If the employees are not content, then they may choose to leave. The high attrition rate is dependent on many factors. These include wrong employee-organization fit, lack of skills, lack of motivation, or remuneration. Employees may want more flexibility than what their current company provides. All these reasons are valid for your employee to leave.

Three Main Ways To Avoid Attrition

There are ways in which you can improve the retention rate in the organization. Maintaining higher employee retention is a huge challenge faced by the HR departments in a company. There are many tips on slowing down the attrition in your company. These tricks can help to ensure loyalty from the best employees in your company.

  1. Ensure Fair Compensation With Benefits 

You should ensure that you pay fair wages to all your employees. Remuneration is the most crucial reward that will help to ensure motivation among employees. It is also vital to offer competitive benefits along with the salary. There are very few companies that make sure raises keep up with the development of the employees.

  1. Encourage Employee Connection

Having employees who consider each other to be a close-knit group helps. You should encourage social behavior among your employees. If they connect, then they will also appreciate the acts of appreciation. The employees can be healthier and happier in this way. If you encourage employees to show good behavior, then they will also get a sense of owning the company.

  1. Reward Employees

If you show the employees that they are valued, then they will be motivated to work for your company. You can appreciate them by offering recognition and celebrating their success and effort. You can provide specific or social rewards which will ensure loyalty from your workforce. The rewards can also be in the form of trips or vouchers as well as other forms of compensation.

Building a better workforce

You can choose all the above tips to ensure that the employees do not leave you at critical times. If you get an employee who fits your organization or has been with you for a long time, then it is worth it to retain them. No matter how many new people are willing to join you, it is effective to have people who have been with you for a long time. A good employee fit works well for your culture and allows others to join your company.

Every employee counts and every employee has different needs. Employee happiness is not a one-size-fits-all concept. To truly understand your employees opt for a Joygraphy assessment for your entire workforce. Once you have the Joygraph for your employees you will be able to take better decisions for your workplace wellbeing. Happier employees is directly proportional to lower attrition rate. At Joygraphy we can build custom assessment for your organisation. Get in touch with us to see a sample Joygraph.

Share:

Share on facebook
Facebook
Share on twitter
Twitter
Share on pinterest
Pinterest
Share on linkedin
LinkedIn

Leave a Comment

Your email address will not be published. Required fields are marked *

On Key

Related Posts

me time

Me time and the absence of time in COVID

Taking time for oneself is a necessity, not a luxury. During the current pandemic taking time to unwind and find some me time is vital for personal wellbeing. Let’s have a look at some tips to cope up with lacking self-care.

human resources

The Human element in HR – Human Resources

Despite all technological advances an efficient Human Resources department is inevitable for workplace wellbeing. That’s because wherever there are humans there will be complex situations and problems. The HR department solves these problems and improves employee wellbeing which leads to greater employee productivity.

banana

7 Benefits of Banana to Physical and Mental Health

The curved yellow fruit is associated with a broad range of health benefits. It is high in essential nutrients that can help to preserve mental and physical wellbeing. Consuming a banana regularly can help to prevent chronic renal disease. Bananas aid in the development of lean muscles. The potential health benefits of bananas are discussed in this article. Read to learn more.

Plan your wellbeing initiatives with us. Connect Now!

Scroll to Top
Get in touch with us to design customized solutions for your requirements. Our customer success team will connect with you within 24 hours and assist you with your queries.
Get in touch with us to design customized solutions for your requirements. Our customer success team will connect with you within 24 hours and assist you with your queries.

Get in Touch

Get in touch with us to design customized solutions for your requirements. Our customer success team will connect with you within 24 hours and assist you with your queries.

Dont miss out on recent updates, Subscribe now to know more about wellbeing activities, workshops and industry trends!

Subscribe to our blog