HR Answers: KPIs that can improve employee engagement

Evaluating performance feedback, retention and onboarding processes is key to a happy and productive workforce.

A credit union is just like any other business: It needs motivated and productive employees in order to succeed. That’s why, if you’re a credit union that prides itself on top notch HR practices, you need to prioritize employee engagement.

Engaged employees aren’t simply more productive than others. They inspire their coworkers, they propose innovative ideas, and they are more likely to stay with your organization instead of looking for employment elsewhere.

This is a major reason why engagement is important. The average cost of turnover per employee is $15,000 according to a study by the Work Institute. Your credit union can actively avoid unnecessary expenses if your workers are happy in their roles.

 

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