How to Maintain Employees.

Work schedule flexibility

The way today’s workforce approaches “work” is different than past generations. The old clock-in, clock-out mindset is an element of the past. Employers must prepare and accommodate for a new workforce’s sense of individualism. The 9–5 is just not the norm anymore. Workers today value flexibility — to choose when and where they work.

As the approach to work continues to change, in tech companies and banks, the nature of work itself will evolve as well. We don’t believe work flexibility should be mandatory for every company, especially for small businesses, but it must be discussion employers are willing to have.

2. Health and wellness benefits

• Stress-related absences cost Canadian employers about $3.5 billion each year. (Statscan)
• Health care expenditures are nearly 50% greater for workers who report high levels of stress. (Statscan)
• 20% of Canadian workers experience a stress-related illness each year. (Canadian Mental Health Association)
• 83.1% of Canadian workers identified stress as the major health concern within their organization. (Canadian Mental Health Association)
• Stress in a business contributes to 19% of absenteeism costs, 40% of turnover costs, 55% of EAP costs, 30% of STD and LTD costs, 60% of workplace accidents, and 10% of drug plan costs. (Chrysalis Performance Inc research)

3. Top performer recognition and rewards

Rankings

Monthly Rankings

Yearly Rankings

Career Rankings

An employee of the month award.

Just like in sports, this award will track the accomplishments of each employee and will improve the productivity of the team.