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Large companies can combat this by aligning its incentives to include worker well-being and retention as part of their equation. Unhappy workers and revolving-
by ccsnags 7y ago
Large companies can combat this by aligning its incentives to include worker well-being and retention as part of their equation.
Unhappy workers and revolving-door hiring costs real money. Quantifying these values in terms of dollars can be helpful for creating a work place that encourages personal growth and increases positive feedback for workers in terms of money/bonuses for all levels.
You have to put worker relations in terms of money to get the needle to move, but when you do, you will be shocked how much good you can do for the workers if you can quantify their unhappiness and morale.
Doing the right thing is often just a matter of paying attention to the right metrics. Not every company is short-sited on labor. Companies are in a position to create win-win scenarios for its workers and the bottom line if the incentives are aligned.