Framing The Relationship Between Your Employees and Your Business’s Success
Many things contribute to a business’s success, like healthy company culture, a comprehensive marketing strategy, and strong business relationships — but not enough credit is given to employees for a business’s success.
By JORI HAMILTON
However, you can frame the relationship between your employees and your business’s success in various ways. Let’s look at six of them in-depth below.
Happier Employees Means Smaller Staff Turnover and Lower Labor Costs
The labor market is different than it has been in the past. Current labor trends like labor shortages and increased staffing costs contribute to financial struggles in businesses worldwide.
In addition, businesses are seeing a higher turnover rate because they’re short-staffed and can’t meet the demands of potential employees. A high turnover rate can prevent your business from growing, and so can an inability to adapt to the changes in the labor market.
When you’re…
