Recent studies suggest that businesses with a more engaged team had 17% higher productivity within their workforce. This also results in 21% higher profitability. This can be achieved without breaking the bank, as it is recognised that employers are feeling the effects of the cost-of-living crisis, as well as employees. That is why Terryberry’s solution is designed to solve the problem for both.
Ian Feaver, Managing Director at Terryberry UK, said, “The cost-of-living crisis is bringing a new set of challenges for people across the country, and having a catastrophic effect on both the financial and personal wellbeing for those affected.
“This is also having a severe impact on employers, who have already been facing huge challenges in retaining and engaging people. A full workforce of highly engaged people is critical to business success, yet with around 1.3 million job vacancies, many companies are understaffed, and morale is low.”
Terryberry offers a reward and recognition platform, designed to create a more engaging work environment for employees, increase morale within the team and delivering a more productive and efficient workforce.
To engage your staff, create a more productive workforce and improve morale in your business, get in touch today at: www.terryberry.com/gb/360-recognition-platform/