-
It maintains harmony at the work place.
-
It maintains healthy relationship among all the staff, boss and colleagues.
-
It reduces absenteeism.
-
It reduces attrition rates.
-
It can retain more talented employees.
-
It reduces cost on training due to low attrition rate.
-
It improves moral level of employee’s and makes them more responsible.
-
It increases quality and productivity of work.
-
It encourages more creativity, new innovative techniques and ideas from employees.
-
It can meet deadlines and 100% target before and on time.
-
Management and Employee’s both are satisfied.
-
It enhances optimum utilization of all the given resources.
-
Better Time management and its utilization.
-
Reduces unnecessary cost on hiring employees from outside as it can get good talent from within the organization.
-
It makes employees stress free, enthusiastic, more focused towards the work and management’s expectations.
-
When work culture is good, employees are excellent, quality is outstanding it attracts more client’s, new business, challenging projects and more profits to the organization.
You May Also Like This :
Employee Relationship Management (ERM)
Important Issues in Employee Relationship Management
Types of Relationship Within The Organization”
Functions of Employee Relationship Management
How to Maintain Good Employee Relations
Related posts:
+Projects4MBA