How does employee experience improve retention?
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It is no longer common for people to spend their entire career in one place. In spite of this, a company may be able to entice employees to stay a little longer than they expected. It may be possible to increase employee retention rates by creating an environment that is supportive and full of opportunity. To find out how, check out the presentation!
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How does employee experience improve retention?
- 2. HOW DOES EMPLOYEE EXPERIENCE IMPROVE RETENTION?
- 3. Employee experience is the key factor in driving a company's success This has become the case as an employee's experience in the organisation sets a standard for everything they can contribute towards the organisation's growth
- 4. WHAT ENCOMPASSES EMPLOYEE EXPERIENCE? It is everything an employee experiences from the time they're recruited to the time they leave the organisation. This includes several processes like onboarding, training & development, promotion, and more.
- 5. RESULT OF A POSITIVE EMPLOYEE EXPERIENCE According to Gartner, when employees report a positive employee experience, they are: more likely to stay with the company 60% more likely to be high performers 69% more likely to report 'high discretionary effort' 52%
- 6. RESULT OF A HUMAN-FOCUSED APPROACH TO EMPLOYEE EXPERIENCE According to Gartner, introducing a human-focused approach to employee experience can: reduced fatigue amongst employees 44% increased intention to stay in the organisation 45% improved performance 28%
- 7. HOW TO IMPROVE RETENTION WITH EMPLOYEE EXPERIENCE Focus on building Company Culture Upgrade your Onboarding process Transparent communication with employees
- 8. HOW TO IMPROVE RETENTION WITH EMPLOYEE EXPERIENCE Encourage and facilitate professional growth Promote the importance of work-life balance Provide additional perks and benefits
- 9. HOW TO IMPROVE RETENTION WITH EMPLOYEE EXPERIENCE Digitise R&R process for immediate recognition Facilitate resources to be more financially stable Make appreciation a part of the culture
- 10. THANK YOU! Interested in knowing more about how we help corporates retain top talent and build culture? Book a demo with us and we will walk you through the process.