Building lasting connections between employers and employees is crucial for long-term success. That’s why we think it’s important to talk about such connections. These relationships have impact on job satisfaction, productivity, and turnover rates.
Studies confirm positive effects on relationship management
Numerous studies have shown the positive effects that lasting connections can have on businesses. According to Gallup, employees who have strong relationships with their managers are more engaged and productive. This results in a 23% increase in profitability.
A study conducted by the Society for Human Resource Management and Globoforce found that 47% of HR professionals consider employee engagement as their organization’s top HR challenge.
Strengthening the company culture
Building lasting connections contributes to a positive and inclusive work environment and strengthens company culture. Additionally, when employees feel valued, supported, and connected to their organization, it leads to higher levels of engagement and motivation.
A strong company culture that aligns with employee values fosters loyalty and a sense of belonging. In fact, a survey by Deloitte found that 94% of executives believe that culture is essential for business success.
A strategic approach to staffing
It is essential to take a strategic approach to staffing, by finding candidates who fit the company values and vision. This not only saves time and money, but also creates cohesive teams that contribute to long-term success.
As mentioned earlier, according to Gallup, employees who have strong relationships with their managers are more engaged and productive. This means that strategic staffing solutions results in higher productivity, and ultimately, increased profitability.
Technology and human insight
It is important to strike a balance between using technology and human insights. Both technology and personal interactions can streamline the hiring process and provide valuable insights.
Building connections often involves face-to-face interactions, where employees can visualize themselves becoming a part of the company culture.
Employer-employee relationships investment
Investing in the development of lasting connections between employers and employees is key to business success. By addressing this challenge, companies can enhance productivity, improve employee loyalty, and ultimately thrive in today’s competitive business landscape.
Technology and human insights helps us find the perfect employees who truly fit the company culture and values. By implementing this strategy, businesses can effectively create cohesive teams that are equipped to tackle any challenge. As a result, they can not only survive, but also thrive in today’s competitive business landscape.
