Monday, July 18, 2011

Perking up the workplace - Companies turn to incentives to hold their top employees

Who knew fresh radishes could translate to employee retention? That a juicy watermelon might equal worker loyalty?

But a new farmer's market at Eli Lilly and Co.'s Downtown campus aims to do just that.

It's just one example of perks and benefits that companies are launching to avoid what some experts say may be a mass worker exodus in the coming year.

As the economy slowly begins to recover and employees, fed up with pay slashes and benefit cuts, ponder bolting, companies will have to do all they can to keep their best workers.

Consider this: Nearly 40 percent of all employees say they hope to work for a different employer in the next 12 months, according to a study by MetLife. And 25 percent of top-performing employees say they intend to leave their current employer within the year, a study by the Corporate Leadership Council found.

Read the full story:

Understand where your organization stands on Insightlink’s Loyalty Matrix and Engagement Index.

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