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In What Ways Do Employees Impact Business Decisions as Stakeholders?

Employees play a big role in business decisions. Here’s how they make a difference:

  1. Productivity and Performance: When employees are engaged and happy at work, they can be 17% more productive, according to a study by Gallup.

  2. Feedback and Innovation: Employees have great ideas that can make products better. In fact, 77% of companies that listen to their workers say they see better results.

  3. Turnover Rates: Happy employees are less likely to leave their jobs. Reducing turnover can save companies over $4,000 for each employee that leaves.

  4. Organizational Culture: Employees help shape the company’s culture, which is important for attracting and keeping talent. About 65% of people looking for jobs think company culture is very important.

In short, employees are key to making smart business choices and achieving long-term success.

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In What Ways Do Employees Impact Business Decisions as Stakeholders?

Employees play a big role in business decisions. Here’s how they make a difference:

  1. Productivity and Performance: When employees are engaged and happy at work, they can be 17% more productive, according to a study by Gallup.

  2. Feedback and Innovation: Employees have great ideas that can make products better. In fact, 77% of companies that listen to their workers say they see better results.

  3. Turnover Rates: Happy employees are less likely to leave their jobs. Reducing turnover can save companies over $4,000 for each employee that leaves.

  4. Organizational Culture: Employees help shape the company’s culture, which is important for attracting and keeping talent. About 65% of people looking for jobs think company culture is very important.

In short, employees are key to making smart business choices and achieving long-term success.

Related articles