As someone who has managed people for over 25 years and run the HR Consulting firm wattsnext for the past 10, I see firsthand the importance of retaining employees. One of the best ways to achieve this is through effective reward and recognition programs. In this blog post, I will share with you the top 5 modern and cost-effective reward and …
The Complete Guide to Culture, Retention and Return on Investment
As many SMEs know, the labour market and inflation are tighter than at any time since the 1970s, and there is little hope for improvement in the short term. There is no doubt that solving such structural problems will require strong government input, and with the recent change following the 2022 elections, we are unlikely to see any major upheaval, …
Retention should be your priority in 2022
‘Forecast inflation increases will add wage pressure in an already candidate tight market’ After attending a QLD Leaders industry expert lunch recently, I couldn’t stop thinking about retention, retention, retention. An economist at the lunch predicted a 4.25% inflation figure (a big jump from almost nothing over the past 2 COVID years). Inflation has been low the last few COVID-19 …