For any organization, one of the biggest challenges is to retain resource which contributes towards growth. New opportunities and career growth are two factor that leads to employee staying in the given organization for a longer period of time. According to the recent census on an average, a person stays in an organization for around 2.3 years which has come down 20 percent in the last 5 years. For C-level executives and managers have better stay time compared to the average but the average has reduced 40 percent in last 5 years.
For many one of the important reasons that have contributed towards such large scale of workforce changing an organization is opportunities and no internal system which can tell what is contributing towards unhappy employees.
Employee empowerment is an extremely impactful and motivational tactic which can tell the employee that they are in control of the office environment. Employee empowerment is one of the most important techniques that contribute towards the increase in business, revive the company culture and improve the satisfaction- both for employees and customers.
Now, what does employee empowerment means, giving the team members an authority and freedom that would be needed to adapt instantly to a given situation which helps to respond with better service and experience for your customer. It requires an open communication and contextual understanding about the hierarchy of the company, in turn, helping the company to make crucial decisions.
One of the reasons an HR should know how to empower the employees because it would save the time and cost of training a newcomer and adapting according to the company culture.
Pace Career Academy provides best HR knowledge to retain employees with mutual growth opportunity.