Hi!
Demand: Discuss about the role of incentives and benefits in retaining employees in any organization.
Give relevant example in this context.
Answear: Incentives and benefits play a crucial role in retaining employees by motivating them to stay with the organization and remain engaged in their work.
For example, a company might offer performance-based bonuses to employees who exceed their targets, which not only rewards their hard work but also encourages them to continue performing at a high level. Additionally, benefits such as health insurance, retirement plans, and flexible work arrangements can contribute to employee satisfaction and loyalty.
By providing attractive incentives and benefits, organizations can create a positive work environment where employees feel valued and are more likely to stay for the long term. This ultimately leads to higher productivity, lower turnover rates, and better overall performance for the company.
Hope I'll helped and good luck!
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