A healthy company stays together for longer. Here’s why employee retention is important.
A lot goes on behind a service from a particular company you use. Whether you are buying clothing, appliances, or uniform rentals for your business, much goes on behind the scenes to make your experience rewarding. Part of that equation is employee retention. Lord Baltimore Uniform Rental has a consistently high employee retention rate, with an average tenure of 15 years. Here’s why that’s a green flag.
Strong Employee Retention: Benefits for Companies
Saved Costs
A healthy business saves itself from spending unnecessary costs. In many cases, employees leave a company for a reason the employer could have prevented, such as no room for growth. The cost of screening, training, and setting up a new employee comes with costs; the ability to retain employees saves money in the long run.
Employee Morale
Mob mentality can creep into any company; when employees in a department begin to leave in a steady stream, it can influence other employees to follow suit. On the other hand, a group that stays together can grow stronger and seasoned together, creating a highly productive and happy team.
Robust Company Culture
Employees that stay with their company for longer will grow in their loyalty to it. Company relationships grow stronger and people grow together as professionals and human beings. A company’s culture is stabler when people stay rather than when it has a constant turnover of new faces.
More Productivity
It can take years before a particular employee becomes as adept and productive as an older employee. Even though training helps, it takes time for the new employee to grow into the old shoes. Mishaps with work and customer relations could occur more easily.
Business Growth
With experienced, stable, and happy employees, you can expect your company to grow. Its productivity will increase, it will save money, and it can find more interested customers. Altogether, longer employee retention creates a healthier business.
Strong Employee Retention: What’s in It for Customers?
As a customer and a business owner, you naturally want to outsource services from a company that is healthy. Employee retention is one factor that some might overlook but plays an important role nonetheless. If you need a uniform rental, Lord Baltimore is a top choice!
Trust Your Employee Uniforms to the Professionals at Lord Baltimore
For over forty years, Lord Baltimore has provided cost-effective uniform rental services throughout the East Coast, including Maryland, Washington DC, Northern Virginia, Southern Pennsylvania, and Delaware.
To learn more about how employee uniforms can help your business, please contact Joe Bateman at Lord Baltimore by calling 800-292-1224 or visit LordBaltimoreUniform.com. We also handle uniform and mat rentals and purchases for restaurants. Additionally, we also sell and rent uniforms, shop towels, fender covers, and mats for the manufacturing and automotive industries.