Employee morale is one of the single biggest indicators of your business’s success. Happy workers are productive workers, and according to Gallup, low morale can cost businesses up to $350 billion in lost productivity every year. On top of that, low morale can lead to increased employee turnover, which can cost you even more time and money in new training and development.
You can adhere to standard best practices for improving morale, but professional values in the workplace are changing. Employers need to keep up with those trends and expectations if they want to remain competitive and keep morale as high as possible.
