With Hong Kong's economy continuing to go from strength to strength, skilled and experienced staff have many opportunities open to them. In an environment where one in every three employees is actively looking for a new job and staff turnover is rapidly increasing, it is therefore incumbent upon employers to understand how best to motivate and retain staff.
As our study shows, what drives staff commitment more than anything else - more than work-life balance, or even pay - is the attitude of management toward employees. This encompasses both the top management, who must be perceived to empathize and care for staff, as well as line managers, who should be approachable, decisive and appreciative. Local companies should take note - management style makes all the difference in the world! |