Business Leadership Today

Top 10 Books on How To Motivate Employees

Understanding the different ways to motivate employees is essential for any leader. Fortunately, many insightful and thought-provoking books can help leaders excel in the fine art of motivating.

The Disadvantages of Lower Retention Rates

The disadvantage of lower retention rates is the negative ripple effect it can have on an organization’s performance. When retention rates are low, it can lead to loss of knowledge, skills, and cultural DNA, decreased morale, a less positive reputation, and, ultimately, increased costs. 

Why Companies Need Leadership Development Programs

Companies need leadership development programs to help leaders at all levels develop resilience and build human capability, the mainspring of business success. Well-targeted leadership development programs can help leaders respond to four types of challenges: strategic, change, political, and cultural.

How Does DEI Affect Employee Retention?

DEI affects retention in a positive way by creating a workplace that is welcoming to all employees and fostering a sense of belonging that boosts engagement, group cohesion, motivation, commitment, and employee satisfaction. It also supports a positive employee experience, which increases employee satisfaction.

Why Servant Leadership Is Important

Servant leadership is important because it’s focused on creating the necessary conditions for sustainable success. It reinforces culture in positive ways that keep employees motivated and working together harmoniously and prevents organizational culture from turning toxic.

What Factors Encourage Employee Retention

The factors that encourage employee retention include an organization’s culture, the compensation it offers, its communication habits, and the opportunities it provides to employees for career advancement. To boost employee retention, leaders should utilize retention strategies that improve these areas.

What Is a Retention Benefit?

A benefit of retention for organizations is the impact it has on an organization’s overall profitability. A high retention rate can reduce the costs associated with turnover and improve employee engagement, employee morale, performance, productivity, customer service, and organizational culture.