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Editor's Notes
- The free on-sight medical centre saves employees time in terms of travelling to medical facilities and waiting in queue. Because of this facility, the average sick days taken annually is 2 days per employee. According to a survey done in US, 46% employees said they would stay in a company that provides healthcare benefits.
- By providing such WLB policies turnover causes such as work overload, stress, low job satisfaction and littleorganisation commitment can be alleviated and retention rates of good staff can be improved.
- And lastly, having employee retention strategies on paper is not enough. Management need to be active in promoting these policies and making sure that the employees are aware of availability of these policies.