🚀 Understanding High Employee Turnover: A Call to Action for Companies 🚀 High levels of employee turnover are increasingly common across various industries, posing significant challenges for businesses. Turnover not only disrupts workflow and reduces productivity but also incurs substantial costs related to recruitment, training, and lost knowledge. - Research shows that direct replacement costs can reach 50-60% of an employee's annual salary, with total costs ranging from 90% to 200% of the annual salary. - Highly engaged employees are 87% less likely to leave their companies. However, only 34% of employees in the U.S. report being engaged at work, suggesting a significant opportunity for improvement. - Poor management and lack of recognition significantly contribute to high turnover. 32% of workers had not been thanked by a manager or peer in the past year. 🛠 Strategies for Reducing Turnover: - Encourage open communication, recognise achievements, and create a supportive work environment. - Offer training programs, mentorship opportunities, and clear career progression paths. This not only enhances skills but also demonstrates a commitment to employee growth. - Conduct frequent performance reviews and provide constructive feedback to help employees grow. Regular feedback and recognition can significantly boost morale and retention. #EmployeeEngagement #WorkplaceCulture #HRStrategies #EmployeeRetention #TalentManagement #Leadership #HumanResources #EmployeeWellbeing https://lnkd.in/gchXZia https://lnkd.in/dPKkGk9X https://lnkd.in/df5kCcVc
About us
VirtualE Productive is a platform focused on enhancing employee Productivity and Wellbeing through innovative solutions. It features Focus Analytics for tracking productivity and mood, a Wellbeing Hub for gamified wellness experiences, and SEM AI for personalised scheduling to maximise efficiency. The platform also promotes team engagement through competitive features and anonymous feedback systems. VirtualE improves employee satisfaction, reduces burnout, and boosts overall company performance.
- Website
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https://www.virtualesem.com/
External link for VirtualE (VE)
- Industry
- Wellness and Fitness Services
- Company size
- 11-50 employees
- Headquarters
- London
- Type
- Privately Held
- Founded
- 2021
Locations
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Primary
London, GB
Employees at VirtualE (VE)
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Mitra Memarzia, PhD
Creative Leader & Business Advisor | Product + Experience + Content | Health + Fitness | Startups + Scale-ups |
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Jose R.
Back-end developer at Soysuper
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Hideo Tommaso Nishimura
Frontend Developer - React
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Marco Macrì
Founder & Chief Executive Officer of VirtualE/ Mental Health & Digital Wellbeing for People and Companies
Updates
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Recent surveys highlight a concerning trend: employee burnout is becoming increasingly prevalent across Europe. 1️⃣ In 2023, a significant 38% of workers reported being at high risk for poor mental health, with notable declines in mental well-being observed in Germany, Italy, the Netherlands, and Spain (euronews). 2️⃣ The World Economic Forum underscores that toxic workplace behaviours are a primary driver, predicting more than 60% of burnout symptoms globally (World Economic Forum). 3️⃣ McKinsey Health Institute survey of 15,000 workers across 15 countries revealed that a quarter of employees experience burnout symptoms, despite efforts by HR professionals to prioritise mental health (McKinsey & Company). Let's prioritise creating supportive, inclusive environments to ensure the well-being of our workforce. #MentalHealth #EmployeeWellbeing #BurnoutPrevention #WorkplaceCulture #HR #Europe #VirtualE https://lnkd.in/dnewbK8U https://lnkd.in/dg_sEM4C https://lnkd.in/dCC3rgNF
Workers in this Eastern European country have the worst mental health
euronews.com
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VirtualE (VE) reposted this
Founder & Chief Executive Officer of VirtualE/ Mental Health & Digital Wellbeing for People and Companies
A short interview by Luke Gamrot with some information regarding VirtualE Productive launching in July! Sara Annibali Gianmarco Cavallo #VirtualE #productivity #wellbeing #mentalhealth
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🚀 Exciting News! 🚀 We’re thrilled to announce that our website has just been refreshed with more comprehensive information about our platform for companies! 🌐✨ Not only does our new site provide enhanced details and insights, but you can now easily request more information directly from the website! 🎉 https://lnkd.in/dbdQEUA6 #WebsiteUpdate #NewFeatures #StayConnected #CustomerExperience #VirtualE #VirtualEProductive #Productivity #wellbeing
VirtualE
virtualesem.com
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VirtualE (VE) reposted this
Founder & Chief Executive Officer of VirtualE/ Mental Health & Digital Wellbeing for People and Companies
Thank You WMF - We Make Future 💯 I want to thank everyone I had the pleasure of speaking with at the We Make Future. It was an incredible event filled with talks, innovative ideas, and the opportunity to meet some truly inspiring founders and investors. A special thank you to the organizers for putting together such a well-executed event. Your hard work and dedication truly paid off! Looking forward to staying in touch and seeing where our shared passion for innovation will lead us. #WeMakeFuture #Networking #Innovation #Entrepreneurship #wellbeing #VirtualE #Productivity
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VirtualE (VE) reposted this
Founder & Chief Executive Officer of VirtualE/ Mental Health & Digital Wellbeing for People and Companies
VirtualE (VE) x WMF - We Make Future I will be attending the We Make Future Summit until this Saturday with Gianmarco Cavallo and Sara Annibali! 🚀 This event is a fantastic opportunity to connect, collaborate, and exchange innovative ideas. If you're attending and would like to meet up, let's make it happen! Feel free to reach out and contact us. #WeMakeFutureSummit #Networking #Innovation #Collaboration #HR #Wellbeing #mentalhealth
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VirtualE (VE) reposted this
Founder & Chief Executive Officer of VirtualE/ Mental Health & Digital Wellbeing for People and Companies
🚀 Exciting News from VirtualE! This summer, we're thrilled to announce the release of VirtualE ProductiVE, our B2B platform designed to revolutionize workplace wellbeing and productivity. At VirtualE, we understand the challenges businesses face in maintaining a healthy, engaged workforce, which is why our new platform is geared towards reducing burnout levels, increasing productivity, retaining top talent and improving wellbeing (and much more!) While our website is undergoing a makeover to showcase all the exciting new features, we couldn't wait to share the news with you! We're already onboarding over 15 companies, and we're eager to welcome more onboard! And here's the best part: for companies that join us this Summer, we're offering our solution for Free! Contact us if you're curious about how VirtualE can benefit your company, we'd love to provide you with a comprehensive presentation document detailing our solutions and services. Sara Annibali Edoardo Tamburini Riccardo Seveso Hideo Tommaso Nishimura Gianmarco Cavallo Marius Daniel Buzatu Arianna Gatto Francesca Camotti Davide Cruciani Prabhat Choudhary Mattia Cherchi Progress Ezeamaka Klinger Matheus Vieira da Silva Hamid Ali Gabriele Romano Anya P.Dr. Mitra Memarzia Boyd Stough, J.D. #VirtualE #WorkplaceWellbeing #ProductivityRevolution #Wellbeing #AI
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VirtualE (VE) reposted this
Founder & Chief Executive Officer of VirtualE/ Mental Health & Digital Wellbeing for People and Companies
I would like to thank all those who contributed to the remarkable success of the recent series of events: "Lampadine Day", "the Italian EdTech Forum", "the Health Innovation Forum", and the "Disegnare il Futuro Forum". These gatherings served as platforms for dialogue, collaboration, and forward-thinking discussions regarding the future landscapes of Health, Digital Health, Innovation, EdTech, and AI. The speakers and panelists who shared their insights, expertise, and vision for the future were great. Your thought-provoking presentations and engaging discussions fostered critical thinking among attendees, leading us towards innovative solutions and pathways for progress. As we reflect on the insights gained and connections made during these events, we are committed to continue innovating to shape a brighter and more sustainable future for all. Thank you Sara Annibali for attending most of these events with me! And a big thank you goes to Giampaolo Rossi, Mauro Meda, Donatella Solda, Lorenzo Maternini, Giacomo Bider, Claudio Erba, Andrea Chirolli, Enrico Poli, Barbara Graffino, Marco De Rossi, Alessandro Rimassa, Aleksandra Maravic, Giorgio Riva, Riccardo Lucio Agostini, mauro bordignon, Massimiliano Boggetti, Alessandro Curioni, Roberto Foresti, Alessandra Gallone, Angela Kukula, Roberta Rondena, Luigi Ripamonti, Maurizio Decollanz, Giulia Putin, Domenico Costa, Alessandro Merlini, Valeria Maria Fazio, Paul Renda, Massimo Andriolo, Alberto Vassena, Gianluca Cecchet, Alessandro Cenerini, Roberto Race, Giorgio Ciron, Egidio Alagia, Ilaria Salzarulo, Giuliano Bianucci, Stefano Luccisano, Guenda Novena
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The "of course" trend brought fun to social media as users celebrated diversity and inclusivity. However, not all social media trends have positive effects, as seen with the "legging legs" trend that was ultimately banned due to concerns about promoting negative body image perceptions. As social media consumes a significant amount of people's time, it is important for companies to prioritise mental well-being 🧠. By implementing initiatives to support mental health and fostering a culture of support, business leaders can create a positive environment for employees 😃. The following article from Forbes highlights different ways companies can support Mental Health through Social Media: https://lnkd.in/eQb5xzRA Happy reading! #mentalhealth #socialmedia #Forbes #workculture
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VirtualE (VE) reposted this
We have received a staggering 347 applications! We are closing applications for now, and all selected candidates will be contacted within the next 2 weeks. For all remaining candidates, we will be opening applications again very soon, so if we haven’t replied to you yet, we will give you priority in the next round. Thank you for your interest in joining VirtualE!🎉 Follow our page to stay updated!