Employee retention and acquisition are essential for 2018 business growth

happy employees

As Q3 approaches, you might be brainstorming ways to grow your business in the second half of the year. Two key factors for business growth and development are employee retention and acquisition, according to the annual Business Pulse Survey by SunTrust Banks, Inc. Nearly half of the businesses surveyed said attracting employees, and then holding on to them despite how often millennials switch jobs these days, is a significant challenge.

With domestic unemployment continuing to hover just above four percent, one of the lowest levels in a decade, many companies feel they are at a critical point competing for talent,’ said Jason Cagle, head of Commercial Banking at SunTrust. ‘Businesses are looking at all opportunities to attract and retain employees from offering new benefits to sharing tax reform proceeds.’
— SunTrust

One way to stay competitive in today's ever-changing job market is by offering modern office amenities and employee perks such as on-site yoga classes and flexible work spaces. Contact Chasing Nirvana Yoga to learn more about our office yoga classes in New York, NY, and on-site yoga classes in Boston, MA