How Happiness is the Key to Employee Retention in Your IT Team: PT1
Employee turnover can cost up to 30% of an employee's annual salary, impacting finances, team morale, and productivity. Despite these costs, employee happiness and retention often aren't prioritised, especially in the IT sector where metrics like sprint completion take centre stage. Improving employee happiness requires more than superficial perks; it demands time, effort, and sometimes significant cultural changes. By focusing on frameworks like the US Surgeon General's five essentials for workplace well-being—protection from harm, connection and community, work-life harmony, mattering at work, and opportunity for growth—organisations can cultivate a happier, healthier workforce that boosts performance and retains talent.