"Many businesses are reacting to rising costs by holding back on their workforce. While lower numbers may look good on paper, the negative impact will materialise as workers report burn-out, lower productivity, and absenteeism."
"Appreciation is a key driver of workplace success. Research shows that 88% work harder, 73% take on extra work, and 91% feel more engaged when they feel appreciated."
Many businesses are responding to rising costs by limiting their workforce, which could have detrimental effects such as employee burn-out and decreased productivity. Instead of preparing for negative outcomes, businesses should focus on nurturing their workforce. Research indicates that appreciation significantly impacts workplace performance, with 88% of employees working harder, 73% taking on additional tasks, and 91% feeling more engaged when they feel appreciated. It is crucial for businesses to realize that fostering a supportive environment is essential to overcoming economic challenges.
#business-trends #workforce-management #employee-engagement #economic-impact #workplace-appreciation
Read at London Business News | Londonlovesbusiness.com
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