In order to keep employees happy, we need to offer competitive wages and benefits. Sounds simple, right? Wrong. A recent study by Accenture reports that a whopping 43% of the workforce cites ‘lack of recognition’ as the reason for their unhappiness. Don’t let your stellar team become part of this statistic!
Read between the lines – it’s more than recognition – employees want to feel valued by their leaders. We all know about the service profit chain: happy employees = productive employees = increased sales. They spend the majority of their week in the office. It is their home away from home so make the office environment feel that way. Organizations all over the globe have implemented innovative ways to boost morale. Google employees enjoy famous perks such as game rooms and on-site cafes. Other organizations offer heath care centers and child care services within the walls of their buildings. These powerful perks keep employees happy and attrition rates low.