What is employee engagement? Is it important? What does it mean to your business?
Interestingly, Gallup recently published an extensive study on millennials based on tens of thousands of interviews. In it they found that millennial employees who felt engaged with their company planned to stay at least a year. Now that may not seem like a huge commitment, but you have an opportunity to leverage that year with coaching (another millennial MUST) to continue their loyalty.
If you could keep your employees an additional year, would that impact your bottom line through lower turnover rates? One of our recent clients was able to reduce their turnover from over 100% and it was a boon to their bottom line.
Consider investing some of your tax saving in efforts that will help retain your employees and add to your bottom line.