Gavin Mulhern’s Post

The 2024 State of Workers report by #MorningConsult reveals key insights on why employees leave their jobs. Factors such as feeling underpaid (41%), desiring a better work-life balance (40%), and experiencing burnout (35%) are major contributors. These findings emphasize the importance of reevaluating company operations to prioritize employee well-being. In today's dynamic work landscape, where work and personal life often blend, it's crucial for companies to implement policies that support a healthy work-life balance. This not only reduces burnout but also enhances overall employee happiness and productivity. The report also highlights that employees value benefits like training and welfare (30%), solid company leadership and shared values (25%), and the opportunity to work more hours (29%). Addressing these needs, including combating "boreout," requires creating an inclusive, stimulating, and balanced work environment that fosters a sense of belonging and motivation for all employees. Actively listening to employees and establishing a work environment that caters to everyone's needs is essential. How do you ensure your employees are inspired and engaged? Share your insights on creating a workplace that prioritizes employee well-being and satisfaction. Access the full report here: https://lnkd.in/d62_sm4K 🚀

The Secret to Staff Retention? It's all about how you treat your employees! In a competitive job market, keeping your best employees requires more than just a good salary. It's about creating a supportive environment that values well-being and growth. Here's how you can boost retention: 🔹 Build a positive company culture where employees feel valued and connected. 🔹 Offer learning and development opportunities to support career growth. 🔹 Provide competitive benefits like health insurance, flexible hours, and remote work options. 🔹 Recognise achievements regularly to show appreciation. 🔹 Promote work-life balance by offering ample holiday time and reducing burnout. 🔹 Invest in employee well-being with mental health resources. 🔹 Create clear career progression paths to keep employees motivated. Treat your employees well, and they'll stick with you through the highs and lows. #EmployeeRetention #WorkLifeBalance #CareerGrowth #CompanyCulture #Wellbeing #Recruitment

Is This a Healthy Work Environment? 🤔 It's disheartening to see companies exploiting highly qualified professionals by offering low salaries. While cost-cutting is a reality, undervaluing skilled workers is unethical and unsustainable. A healthy work environment should prioritize: #Fair Compensation: Employees deserve fair pay for their skills and experience. #Respectful Treatment: A positive, supportive work culture is essential. #Ethical Practices: Avoiding exploitation of workers, especially vulnerable populations. #Work-Life Balance: Promoting a healthy balance between work and personal life. #Professional Development: Providing opportunities for growth and advancement. #workplaceethics #jobmarket #faircompensation #worklifebalance #professionaldevelopment

🌟 Financial Wellness as Part of Your EVP: A Game-Changer for Retention & Talent Attraction 🌟 Millennials and Gen Z now make up over half the global workforce, and their expectations are reshaping workplace priorities. It’s clear: salary alone doesn’t define job satisfaction anymore. 💼 So, what does? A compelling Employee Value Proposition (EVP) that speaks to what truly matters — flexibility, wellbeing, and opportunities for growth. But there’s one benefit often overlooked: financial wellness. 🏦 Employers have the opportunity to be real partners in their employees’ financial health by offering: 💳 Earned Wage Access (EWA): Giving employees access to a portion of their earned wages when faced with emergency financial needs. 🛟 Financial counseling or education initiatives to help staff navigate money management and reduce stress. Why it matters: ✔ 75% of employees are more likely to stay with a company that offers a strong benefits package. ✔ Financial struggles are a top driver of stress, affecting productivity and morale. Integrating wage access and financial wellness support into your EVP is more than just an added perk — it’s a way to build trust, reduce turnover, and foster loyalty in a competitive talent market. 🏆 Let’s make work a place where employees thrive, both professionally and financially. 💡 If you are interested to learn more, message me. 😊 #EVP #FinancialWellness #EarnedWageAccess #EmployeeEngagement #FutureOfWork

Over 22% of employees stay at their job 1 year or less. So, what makes everyone else stay? Satisfied employees stay at their companies because of greater work-life balance, better personal wellbeing, significant pay increases, strong benefits packages, autonomy, and greater job security. It’s clear these perks contribute to employee happiness, but why do dissatisfied employees remain at their respective jobs? For some, leaving isn't an option due to financial constraints, family responsibilities, and lack of opportunities/progress. What factors contribute to your job satisfaction? #loveyourjob #employeeretention #corporatelife

Benefits that promote personal development, financial stability, and overall well-being are highly valued by employees because they contribute to their professional growth, financial security, work-life balance, morale, engagement, health, and retention. Employers who prioritize these aspects demonstrate their commitment to the success and well-being of their employees, leading to a more motivated, satisfied, and productive workforce. Talk to us about how we can help you put your employees at the heart of everything you do. #FinancialSecurity #WorkLifeBalance #EmployeeEngagement #HealthAndWellness #EmployeeRetention #EmployeeBenefits

Are Traditional Benefits Enough in Today's Workplace? As the workplace evolves, so do employee expectations. Gone are the days when salary and job stability were the sole priorities, with mental health and work-life balance relegated to taboo status or ignored entirely. In our rapidly changing world—driven by technological advancements, emerging job roles, and increased opportunities for remote work—employee benefit expectations have shifted dramatically. HR Professionals: What benefits have you found most effective in attracting top talent and fostering employee loyalty? Are traditional perks like health insurance and car allowances still sufficient, or are there unexpected benefits that employees value more? Employees: What benefits are essential for your long-term commitment to a company, even if competitors offer higher salaries? Let's discuss the future of employee benefits and explore how we can create workplaces that truly address our teams' needs. Share your thoughts and experiences in the comments below! 💬 Benny Rachmadin David Muflihano, CA., CHRM., CIRM. Anggoro Adhy W. Masykur Isnan Nadiva Addina #EmployeeBenefits #WorkplaceCulture #HumanResources

We’re in an age of talent wars, and offering #competitivesalaries alone isn't enough to make your company the clean-cut winner anymore. Employees are also seeking meaningful #benefits that prioritize their well-being and work-life balance. Paid sick leave and flexible work arrangements can act as magnets, attracting and retaining #toptalent. #Paidsickleave empowers employees to stay home when truly unwell, preventing the spread of illness and ensuring optimal team performance. This will significantly reduce #absenteeism, a hidden cost that disrupts workflows and impacts productivity. But the benefits extend beyond cost savings—employees who feel their well-being is valued are happier, more engaged, and less likely to seek opportunities elsewhere. Paid sick leave demonstrates your commitment to their health and personal needs, nurturing a sense of security and appreciation. This translates to reduced #turnovercosts, increased #engagement, and ultimately, a stronger employer brand.

 Furthermore, #flexible work arrangements like #remotework, compressed workweeks, or flexible hours offer employees choice and control over their schedules. This empowers them to manage personal commitments without sacrificing #productivity. The impact? Reduced stress, improved work-life balance, and ultimately, more engaged and productive employees.

 Going beyond the bare minimum will set your company apart. Consider offering #PTO banks encompassing both sick and vacation days, allowing unused sick leave to carry over, or providing additional benefits like mental health resources and #childcare assistance. These initiatives showcase your commitment to employee well-being, further solidifying your reputation as an employer of choice. While both paid sick leave and flexible arrangements offer clear benefits, we know implementing them can seem daunting. Here's where Grey Owl HR steps in. We offer fractional #HRservices tailored to your specific needs, helping you to: • Develop and implement comprehensive policies that cater to your unique workforce. • Conduct employee surveys to understand their needs and preferences. • #Communicate effectively with your team about new policies and benefits. • Ensure #compliance with all relevant labor laws and regulations. • Provide ongoing support and guidance to optimize your benefits package. Investing in your employees' well-being isn't just the right thing to do, it's an investment in your company's success. So, are you ready to give a hoot? Reach out to us today! 🦉 #EmployeeHealth #SmallBusinessHR #HumanResources #HR #HRConsulting #HRStrategy

Although fair compensation is critical to employee satisfaction, it's not the only thing that impacts turnover. Here are a few other key considerations for employers: -Work-Life Balance - More workers than ever before are looking for a better way to balance work and their personal lives. Valuing work-life balance shows your staff that their well-being matters to you and can help build employee loyalty. -Professional Development - Employers that offer professional development opportunities promote employee growth, which helps both the company and its employees succeed. -Sustainability - Much of the next generation is passionate about the environment and is looking for companies implementing green initiatives. -Mental Health - Today's workers want to work for companies that care. Things like including mental health care coverage in insurance plans and encouraging employees to take PTO can help your team stick around. #Retention #CorporateCulture #EmployeeEngagement

Employees say they expect employers to invest in their well-being But as employee well-being rates stagnate, employers may need a new approach to boost productivity and retention. #hrexecutives #letsdefygravity https://lnkd.in/eKngfYNE