How can social and environmental responsibility boost employee engagement and retention?
Many businesses today are striving to improve their social and environmental impact, not only to meet customer expectations and regulatory standards, but also to attract and retain talented employees. Social and environmental responsibility (SER) refers to the voluntary actions that businesses take to address the social and environmental issues that affect their stakeholders, such as human rights, diversity, climate change, and waste management. SER can have positive effects on employee engagement and retention, which are key factors for organizational performance and innovation. In this article, we will explore how SER can enhance employee engagement and retention in four ways: by aligning values, by fostering pride, by creating purpose, and by enabling learning.