Keeping employees satisfied can translate not only to a pleasant work environment, but also into profitability and efficiency. Employee retention is vital for companies, so develop a rewards program. "Some companies do not place much value on employee retention; if you are a big enough company, there are always people who will want to work for you. However, the best companies realize that it is incredibly important, as it creates a much better work environment, good publicity for the company, healthy competition for places, and less wasted time and resources on hiring," writes Jacob Kache with O.C. Tanner, which develops employee recognition and rewards programs.
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