As a business leader, keeping your people happy and motivated can be the most important investment you make.
A high employee retention rate increases workplace consistency and prevents major turnover costs. In fact, conservative estimates have put staff turnover at hundreds of thousands of dollars to replace only a dozen employees.
From the interview experience to the onboarding process, we’ve written guides on how to start your employees off on the right foot so they’re invested in the company for the long haul. But what about once they’ve finally begun to settle in?
Our new eBook 109 Ways to Appreciate Employees on a Budget outlines how to motivate employees in a cost-effective way — ultimately keeping employee morale high and turnover costs low.
Get your free copy of 109 ways to appreciate employees on a budget.
The ideas cover:
- Health and Well-Being - From fitness events to mental health initiatives, healthy employees are 25% more likely to have high job performance.
- Professional Development - Look beyond simply parking an employee in a classroom. Our tips offer ideas for engagement between employees and leadership figures.
- Knowledge Building - Learn to leverage individual curiosity into a company-wide asset.
- Recognition and “Thank Yous” - Often overlooked, these are the least expensive and most effective ways to appreciate your employees and boost staff morale.
- A Welcoming Office Space - Dog friendly, bright windows, or potted plants? Get ideas on how to boost productivity with minimal changes.
- Day-to-Day Highlights - Integrate small daily changes or routines and notice an immediate uptick in company spirit.
- Onsite & Offsite Team Building - Everyone needs to blow off some steam. Discover how to keep it affordable.
This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, legal or tax advice. If you have any legal or tax questions regarding this content or related issues, then you should consult with your professional legal or tax advisor.