According to Statista, 16% of employees who quit their jobs did so due to job dissatisfaction. That makes it the second leading cause only behind the need for higher pay (25%). This is a major problem for businesses, especially since the cost of replacing an employee is up to 33% of their salary, or approximately $15,000 on average. With this in mind, promoting employee satisfaction by improving overall employee experience should be a priority going forward.
Why employee satisfaction is important to your business? Satisfied employees are more motivated, productive and engaged. If enough employees are satisfied, the morale and culture of your entire organization improve. This is why, as a leader, it’s so important to take employee satisfaction seriously.
Here are our top 10 tips to help you foster employee satisfaction across your organization.