Strategies To Boost Employee Retention

(from Harvard Business Review) There is a widening mismatch between the job environment employees want — and now expect — and the one their organizations have, according research from Boston Consulting Group. Twenty years of surveying both white- and blue-collar workers in a wide variety of industries reveal that employees generally look for four broad categories in work: value, purpose, certainty and belonging. Six strategies may help meet these needs:

1. Add monetary incentives for staying
2. Provide better career opportunities
3. Elevate the company’s purpose
4. Prioritize culture and connection
5. Take better care of employees and their families
6. Embrace flexibility