The staff turnover rate for the UK hospitality and retail industries is respectively at 75% and 65%, which is four to five times the national all-sector average. High staff turnover is not only costly for the business, but also has an impact on customer satisfaction, service and productivity.
It’s therefore critical to retain existing workers, which leads many businesses to prioritise employee engagement and strive for effective communication. While communication is key, it won’t help you hold on to staff if you don’t have the fundamentals in place.
In this guide, we look at how to effectively communicate, reward and recognise staff. We also provide insights on how Fourth can help in these areas to make work better for just about every employee in your business.
Download a free copy of our Employee Retention Guide!
Learn how to effectively communicate, reward and recognise staff.
Congrats, your download is ready!
Click the download button to access your free resource.