TESCO understands retention
Due to the lack of affordable housing in London, the UK Supermarket giant, TESCO, will provide employee housing alongside their Streatham building, while plan of building new employee housing goes into action.
A spokeswoman for Tesco said they hoped the scheme would be “beneficial for staff retention” in London, where they suffer from a high turnover of workers.
She added: “It is being led in London because there is more need for affordable housing… the sites in London are more constrained so you need to be a lot more imaginative.” - BBC News
TESCO identified a real problem for employees, which led to high turnover, then addressed it. I know it seems rather simple, but many companies need to take such an approach when dealing with morale and turnover. The problem might not reside within the walls of your organization or hours of operation.
