Jack EvansBusiness Psychologist at Robertson Cooper
Tuesday, August 13, 2019
That may seem like a big question, and in truth, it’s one that’s not easily answered. However, business psychologists and wellbeing specialists, Robertson Cooper, have compiled research that tracked 4000 employees over 6 months, in an attempt to understand whether wellbeing has an impact on staff retention.
Particularly, Robertson Cooper looked into whether it’s possible to use wellbeing data to predict which employees are most likely to leave, offering businesses the chance to act on this information, in addition to saving the costs associated with staff turnover.
The infographic below highlights how, by measuring wellbeing and implementing a strategy with the aim of reducing turnover, the average large business can save a staggering £1,694,914 (circa $2.1m).
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