The More Job Satisfaction, the Less Employee Turnover

Job satisfaction is not something that is easy to come by these days. Fortunately, there are ways that employers can contribute to employee job satisfaction. Employee turnover comes at a very high price to employers. ERE Media reports that it costs between 30%-50% of an entry-level worker’s salary to replace an entry-level worker. Turnover is inevitable, but there are ways to reduce it.

Great incentivized goals is one strategy that can be used to help reduce employee turnover. For example, if an employee or a team reaches a certain benchmark, they may be rewarded with bonus pay or some other sort of incentive. Free yoga classes or a free monthly visit to a masseuse are just a few examples.

A second way to reduce employee turnover is to acknowledge employee accomplishments. Employees want to feel like they have accomplished something positive. They also want to feel like they are worth-while contributors to a company. Giving an employee recognition or announcing an accomplishment can go a long way. Even a pat on the back can have a positive affect as well.

Last but not least, it is important for employees to stay in the loop about what’s going on around the company. They want to know about new hires, new milestones, or other changes that are taking place within the company. It’s also not a bad idea to have a question and answer session within company meetings.

Darius Fisher is the Co-Founder and President of a company named Status Labs. This company is a premier online reputation management, digital marketing, and public relations company.

Fisher made the first strategic vision of the company. He build partnerships with agencies and influencers. He also recruited the company’s domestic and international sales and account management teams. In his past career, he worked as a copywriter and a political consultant. His Alma Mater is Vanderbilt University, where he graduated with honors.

More about Darius Fisher:

http://www.huffingtonpost.com/darius-fisher/

Twitter: @fisherdarius