Businesses that develop the strengths of their staff have been found to reduce turnover by up to 72%: read our tips and guidance to find out how your firm can see similar benefits.
Competition for talent has been intensifying, with people choosing to work for companies where they can make a difference and have opportunities to develop. Businesses that prioritise and invest in good management are more likely to lead engaged and motivated teams. At the other end of the spectrum, nearly half of UK workers say that a poor manager is the primary reason they are not happy in their jobs. The case is clear. In an environment where nearly half of businesses (48%) say retaining talent is a top priority for the coming year, firms that improve their leadership, management and people practices will find it easier to attract and retain talent.
Three areas your business should prioritise
1 - Communicate a shared company purpose to attract, motivate and engage employees
Businesses that communicate a clear organisational vision and purpose will find it easier to engage, attract and retain staff. Most employees, especially younger people,
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