How can SMEs improve staff morale, cost effectively?

Retaining and motivating skilled employees is repeatedly cited as one of the biggest issues facing small businesses. The key drivers of staff morale, can be categorised under 3 dependencies: 1. Remuneration; 2. Progression (i.e. availability of promotions, and training and/or upskilling opportunities); and 3. Non-monetary rewards (such as working conditions, corporate culture, quality of workplace, …

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