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As more and more millennials come of working age, it’s becoming increasingly important for companies to prominently exhibit their corporate social responsibility policies on either their website or their employee handbooks—in part because CSR is proving to be increasingly vital to attracting and retaining quality employees.
Financial wellness – When a company is generous with its offers of incentive bonuses, extra vacation days (over and above the paid leave policy), stock appreciation rights and options, paid sabbaticals, or education support, its employees will go above and beyond in their work knowing their future is secure.
It’s a crucial factor when it comes to overall organizational performance because good employee relations management translates into increased employee wellbeing and productivity. Employee relations can refer to either an organization’s program or policies or a team of people that nurture the employer-employee relationship.
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