Advantage Of Maintaining Good Employee Relations

Hi, people. Could you tell me what am I missing? What are the benefits or advantages that a company would derive from maintaining good employee relations?

1. Reduced absenteeism
2. Improved morale and motivation
3. Lesser attrition - reduced cost on training, lower cost of retention
4. Attracting good talent
5. Harmony
6. Increased loyalty - avoiding wastage of company resources

Please send me 2-3 more.

Hi Sunayna,

Any satisfied employee will tell you, there's something positively distinctive about working with the group. The employee will hence be:

- Open to feedback (positive and negative)
- Responsible for an increase in productivity
- Responsible for bringing opportunities for new business
- Open to organizational/hierarchical changes

Thank you.

Advantages

Here are a few more:

1. Reduces turnover, which means savings in recruitment/selection costs.
2. Greater commitment leads to quality output and reduces rejections.
3. More open communication leads to better understanding.
4. Low levels of industrial conflict result in increased productivity.
5. Provides numerical flexibility, making workforce adjustments easier.
6. Easy introduction of new practices leads to better output.
7. Increased job satisfaction levels result in smoother workflows.
8. Shared goals lead to a better understanding of the business.
9. Shared values are agreed upon values that bind the employees.
10. Shared learning promotes continuous improvement.
11. Shared effort leads to better teamwork.
12. Shared communication results in effective communication.

Regards,
Leo Lingham

Hi Leo and Archana 😄
Thank you so much. I don't need any more replies. Thanks a lot. My major tension is over.