With autumn just beginning, we are getting into the period of cold, dark, wet nights and stats show that in the UK, this is the period where staff motivation levels dip considerably. But, did you know statistics show that motivation and staff retention within your business are somewhat linked?
A workforce of demotivated employees are much more likely to value things like salary overworking relationships and purpose within the business. This naturally lends itself to ideas of ‘pastures new’ and the salary that seems ‘too good to turn down’. Whereas motivated employees are considerably less likely to value their salary over other drivers like relationships, respect, purpose and job satisfaction.
This information though is good for business owners, there is definitely a silver lining.
Looking through the stats provided by rewardgateway.com if a company can improve staff motivation they can improve employee retention, without having to compete with an inflated salary demand.
So what are the top 3 Demotivators;
These factors are really important to staff retention, so work with your HR teams to make the relevant changes to ensure your employees feel happy and motivated within the business.