What if I told you that the secret to drastically reducing employee turnover isn't about offering complex benefits or costly incentive plans? It’s actually simpler, more affordable, and more personal than you might think. 

Tip: Strike a Balance Between Employee and Company Needs. 

The good news is that creating and maintaining an effective program doesn't need to be costly or complex. A genuine, sincere, and straightforward acknowledgment by company leadership of the complexities in employees’ lives and the challenges they face balancing personal needs with the demands of their professional lives helps reduce their stress and boosts retention. 

• Work-Life Balance: Offer flexible scheduling and/or remote and hybrid work alternatives.

  • Allow employees to balance personal responsibilities with professional commitments, leading to increased job satisfaction and reduced burnout.

  • Captain HR Bonus tip: Flexibility can include alternative work schedules, where employees can select their own start and end times within the company-determined “core hours. 

Employees who frequently receive recognition are much less likely to leave their jobs. A recent Gallup poll shows that companies with a strong recognition culture have a 31% reduction in turnover compared to their competitors.

CAPTAIN HR has developed more strategies and key approaches to help you keep your top talent, and it’s AVAILABLE for download AT NO CHARGE. Leave your email address, and the Guide will be sent automatically from Captain HR and Peak Performance Human Resources Advisors!