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It’s rare that a company can cut this kind of cost in a way that leaves the employees feeling trusted, valued and respected. That feeling is what hurts retentio
by 1123581321 4y ago
It’s rare that a company can cut this kind of cost in a way that leaves the employees feeling trusted, valued and respected. That feeling is what hurts retention and dries up hiring referrals.
Additionally, the service has a value in time and money saved. There are bound to be employees for which it tips the decision to leave sooner. When many different conveniences are cut, more employees cross that threshold.
Finally, there’s a meta aspect to this. If you know a decision is harmful to the company and you see your managers making the harmful decision, it can be harder to keep working for them.