Regulatory Compliance Analyst | Specializing in Pharma & Medical Devices | Tenders Manager | Projects Manager,
94% of employees would stay longer if companies invest in them. But it's not just about the paycheck. Employees need to be: 1. Paid Well. → A $1 per hour pay increase can boost retention by 2.8%. Feeling valued for your work through competitive pay is key. 2. Mentored. → With mentorship, staff turnover can drop by 49%. It's about being supported, not just directed. 3. Challenged. → Tasks that provoke thought and innovation ↳ tie employees closer to their company's mission. 4. Promoted. → Seeing a future within the company matters, ↳ making employees 20% more likely to stay. 5. Involved. → Engagement isn't just a buzzword. It's a retention strategy with a proven track record. 6. Appreciated. → A simple 'thank you' can make 63% of employees less likely to leave. Recognition fuels retention. 7. Trusted. → Trust isn't just about security. It's about satisfaction and sticking around. Trust leads to higher job satisfaction. 8. Empowered. → An engaged employee is 87% less likely to leave. Empowerment equals retention. 9. Valued. → 40% feel isolated at work, ↳leading to low engagement and commitment. Feeling valued at work is fundamental. Employers: Retention is more than a metric. It reflects your company's culture. Employees: It's perfectly fine to move on from jobs that no longer fulfil you. It's important to be happy where you work. Agree? Anything else you would add?
Business Development Manager at Lycos Chemtech
2motrue reasons.....