BoostEmployeeSatisfactionToDiminishTurnover: CollectivelyDecidedBonuses
Areyoupayingyouremployeeswhatthey'reworth?Recenttimeshaveshownus thatifworkersfeelliketheyaren'tgettingpaidenough,they'llquitwithoutasecond thought.Percivalshowsyouhowtostopthisfromhappening!
Percival'sreportdescribesthatinAprilof2021,agreat numberofemployeesstartedresigningfromtheirpositions andmovedtowardthefood,health,andtechnology industries. Findingreplacementsforworkersisdifficultand superexpensive.
Percival’s‘Don’tloseyouremployeestothe GreatResignation’reportinformsthatthe highresignationratesincreasedfurtherin July2021,whenover4millionAmericans quittheirjobs.
Statisticsshowtwomonthslater4.4million resignedaswell.Thisphenomenonisnow referredtoas‘TheGreatResignation’, whichwasgreatlyinfluencedbytheworld’s currentpandemic.
Duetodecliningwagesandinsufficienthealthbenefits,workers’ satisfactionwiththeirjobsbegantodeclineastheywerefeeling exploited.
Thegrandmajorityofemployees thatwillinglylefttheirjobswere betweentheagesof30and45. Ontheotherhand,majorcompanieslike Walmartreachednewheightsintermsof profitsduringthepandemic,whiletheir employeesdidn’treceiveafairshare.
Accordingtothereport,itiscriticalthatyoubeginlisteningto whatyouremployeesneedtomakesurenoworkerislost.
Percivaloffersauniquetoolthatallowsyour employeestovoicetheiropinionsintermsofsalaries, end-of-the-yearbonuses,andprojectbonuses.This toolhasdemonstratedgreatsuccessasWebgoal,an aviduserofthissolutionhasreduceditsemployee turnoverbyover66%.
Withthistool,youwillbeabletoestablishsalariesthat yourworkersperceiveasfair,whichwillboosttheirjob satisfaction.Youwillbenefitfromnumericalresultsfor eachappraisal,andthatdatawillhelpyoudetermine whatchangesneedtobemade.Tryittodayforfree!
