What makes employees stay
Description
While competitive salaries and attractive benefits are important, they aren’t the only factors that drive employee retention. A workplace where employees feel valued, supported and engaged plays a significant role in building loyalty. Employees who perceive their work as meaningful, have opportunities for personal and professional growth and enjoy a positive, collaborative environment are more likely to stay with you. When you understand this, you're better positioned to build long-term commitment within your team, reduce turnover and cultivate a stable, motivated workforce.
Beyond compensation, employees seek purpose, healthy relationships with colleagues and leaders and clear paths for career development. Focusing on these elements will help you create an environment that not only attracts talent but also keeps it.
Beyond compensation, employees seek purpose, healthy relationships with colleagues and leaders and clear paths for career development. Focusing on these elements will help you create an environment that not only attracts talent but also keeps it.
Summary
Today, employees are placing greater emphasis on their overall well-being, recognising that they spend a significant portion of their lives at work. As a result, their priorities have shifted. Unlike before, money is no longer the primary motivator. Instead, employees are seeking fulfilment, work-life balance and environments where they feel valued, supported and see opportunities for growth. Entrepreneurs who create workplaces with these elements - where well-being, purpose and professional development are prioritised - are more likely to retain their talent than those who focus solely on financial incentives.
