Improving Employee Retention through an Employee Alignment Model
There is no key reason why an employee may leave a company. Even though you may be trying to increase employee retention through an employee alignment model, it can be slightly unclear which actions to take. When looking for a solution, your efficiency is based on a general understanding of the wants and needs of your employees. Failure to fulfill these needs can cause a company’s overall health to go sour. But why is it important to create an environment of rewarding employees? In a recent study, it was found that in some industries, turnover rates range from 30-40%. While some companies plan for high turnover rates, it’s not an effective way to grow a strong business. The value a well-established employee can bring to the table is far greater than that of an employee that “cycles” from company to company.