Retention

Retention is vital because turnover and training are expensive! Gallup estimates that the replacement of leaders and managers costs around 200% of their salary, the replacement of professionals in technical roles is 80% of their salary, and frontline employees 40% of their salary.

It also helps to boost culture if employees stick around! This means a more successful business. Employees should feel supported from their onboarding all the way through to their exit. Modern companies do this, and the well-being works program is a way to foster retention and lower turnover. Feel supported, less stressed and happier at work.