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Companies providing superior places to work for their employees are not only kind – they are also smart.
Creating workplaces where team members feel valued, heard and bonded with their colleagues helps prevent turnover, which comes with tangible and intangible – or hidden – costs.
According to Indeed.com, tangible costs when someone leaves a company vary, depending on industry and position, but include hiring expenses; onboarding and training; career development and lost productivity. Then there are the intangible costs: Morale of other employees if they are influenced to leave the company as well, or if extra work falls to them until replacements are hired, for example.
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It also can be tough to discern how client relations are impacted long term as new employees ramp up their knowledge base.
This year’s Hartford Business Journal Best Places to Work honorees have gone above and beyond to find creative, strategic, and safe ways to make work fun, inclusive and forward-thinking places for employees to thrive. Whether it’s a broad array of medical benefit plans from which to choose, happy hours, healthy cooking webinars or employee-recognition awards, these organizations let their people know they are valued in myriad ways.
CLICK HERE TO MEET OUR BEST PLACES TO WORK HONOREES
Many of these efforts have had to pivot in light of the pandemic – with company social events held virtually, for example – but were prioritized, planned and executed.
Employee retention, ultimately, provides stable workplaces. The determined efforts of these award winners in creating the Best Places to Work in Connecticut make stable workplaces for all employees – not to mention happier, healthier company cultures overall.
Susan Shalhoub
Special Projects Editor
This special edition informs and connects businesses with nonprofit organizations that are aligned with what they care about. Each nonprofit profile provides a crisp snapshot of the organization’s mission, goals, area of service, giving and volunteer opportunities and board leadership.
Learn moreHartford Business Journal provides the top coverage of news, trends, data, politics and personalities of the area’s business community. Get the news and information you need from the award-winning writers at HBJ. Don’t miss out - subscribe today.
SubscribeDelivering Vital Marketplace Content and Context to Senior Decision Makers Throughout Greater Hartford and the State ... All Year Long!
Read HereThis special edition informs and connects businesses with nonprofit organizations that are aligned with what they care about. Each nonprofit profile provides a crisp snapshot of the organization’s mission, goals, area of service, giving and volunteer opportunities and board leadership.
Hartford Business Journal provides the top coverage of news, trends, data, politics and personalities of the area’s business community. Get the news and information you need from the award-winning writers at HBJ. Don’t miss out - subscribe today.
Delivering Vital Marketplace Content and Context to Senior Decision Makers Throughout Greater Hartford and the State ... All Year Long!
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