Social Networking At Work Can Improve Morale And Reduce Employee Turnover

February 19, 2013

laptop on deskAs any employer or human resource professional will tell you, employee turnover can have a dramatic impact on corporate costs in terms of recruitment, training and overall productivity. Retaining and motivating qualified, experienced staff goes a long way towards stabilizing a company’s performance and, ultimately, customer satisfaction . . . and now, there’s evidence that workplace social media networks can help.

Researchers at Baylor University took a deep-dive into the endeavors made by a specific large financial institution to incorporate online social networking into the new employee orientation process. They found multiple benefits –the work-sponsored internal social networking site helped new employees feel more welcome from day one, new employees used the network to forge work relationships and adjust more quickly to their job responsibilities, etc. –all of which can lead to greater job satisfaction, dedication and productivity.

More specifically, the study showed that an internal social network helped the financial institution: Read the rest of this entry »





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