UK - TGI Friday's has slashed its staff turnover rate by nearly 60% within three years, after implementing its "fun" benefits and working practices.
The restaurant chain said that in November 2000, it had a 96% staff turnover rate, which is close to the industry average of 100% turnover each year. However, TGI Friday’s said that due to its “fun...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date