What do you think is the best treatment that you should get if you are working in a company? Without a doubt, that would be a harmonious employer to employee relationship since this is the building block of an organizational balance and satisfaction. Everyone in the office deserves to be treated well and not just an individual who is expected to present himself or herself in the office, do the assigned tasks and get paid every 15h and 30th day of the month. If you have noticed, employers who are happy, well-paid and satisfied perform exceptionally compared to those who half-heartedly do their job because they think that they are underpaid and not valued as employees. The employees should feel that they are valued and that their skills are being utilized but not taken advantage of.
The well-being of your employees will reflect on the company's overall persona. Remember that the employees can only perform well if they are motivated at work and their performance is well compensated. On the other hand, if you ignore the calls for change, there will be chaos in the office since the employees will think that they are not appreciated nor part of the company but a mere salary people. If this is the case, how should the employee retention management respond to the growing demands of the employees need for freedom, satisfaction and growth?
First, the human resource department should review the company policies to check if there are regulations that are restricting their employees to fully engage in the company's activities. Second, they can call for a town hall meeting wherein the company management will hear out the grievances of their employees. Third, if there are those who are thinking twice in voicing out their opinions, they can put up a suggestion box so that interested persons can just write down their idea or suggestion and drop it in the box. More about this are included at http://scratchpad.wikia.com/wiki/Employee_Engagement. Fourth, whatever complaints that the employees wrote down or voice out, the decision makers of the business should address these grievances or else the steps that the company initiated will just be put into a waste of time or worse will be tagged as insincere in their actions.
I think it is also best if the employees will have their team building wherein the expenses will be shouldered by the company. What is the important of this action? This one matters the most because they will realize that their bosses care for them and doesn't treat them as good for nothing. Find out more about this when you research on total rewards statements.