“In today’s persistent tight labor market, the competition for talent is fierce. To attract and retain employees, organizations need to engage them. But employee engagement has been talked about for a long time with little action to show for it. Successful manufacturers need to change their mindset around employee engagement because winning employee loyalty requires more than compensation. There are costs to inaction in productivity, retention, and hiring.”

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Source
Frehse, John. (2022, September 21). It’s Not the Money: The Hard Work Needed to Retain Great Employees and Attract New Ones. Industry Week. https://ebmmanu.pathfactory.com/iw_servicenow/its-not-the-money