Perkbox partners with Springboard to support importance of retention in Hospitality

Perkbox benefit provider has sponsored the Retention Award at Springboard’s ‘Awards for Excellence’ 2015 which will recognise successful innovation in tackling labour turnover and improving retention rates of employees.

With the economy starting to move in the right direction the hospitality industry is thriving and the future is looking bright, however research from Purple Cubed found that a third of hospitality employees are ready to leave their employer right now. It showed that salary wasn’t the key factor in driving this decision and that to ensure retention, employers must be aware of the main influences; inspiring leadership, open communication, opportunities to develop and a clear career path.

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The Retention award aims to showcase businesses that use innovative and tailored methods to increase retention rates. Retention Award 2014 winner Boodles showed the importance of retaining staff through ensuring staff felt valued and that their  management and committee team were dedicated to staff welfare which led to great staff loyalty and increased length of service. Springboard CEO Anne Pierce MBE said: “Retaining staff in this ever changing industry can be a tough job to do, which is why Springboard wants to reward organisations who successfully and effectively do this.” Saurav Chopra, co-founder and CEO of Perkbox said: "Sponsoring Springboard’s Retention Award enables us to unite with this great charity and champion forward thinking businesses who put their employees’ happiness first. The Retention Awards gives recognition and prestige to businesses who excel in this, and we’re truly delighted to be supporting that."