State the factors which lead to effective employee relationship.

Building and maintaining healthy employee relations is an essential prerequisite in attaining ultimate success for your business. But how do we do so? Enhancing communication channels and motivation in employees can accomplish this. In addition to this, creating a uniformed vision, embracing equality and being a great leader is a must. Building better employee relations requires a sound balance between: Employees needs are being met and the company is producing profitable and on-going business. As you can imagine, fostering great employee relationships holds many advantages for an organizations success Here are some advantages of positive employee relationships: A sound employee relationship maintains a harmonious atmosphere at the workplace: one that is healthy among and between all levels of employees. Happy employees are more confident and productive. They take on increased responsibilities more efficiently. A stronger employee relationship leads to better employee morale and job satisfaction. This creates lower stress levels and increased enthusiasm, in turn, enhances their abilities to better meet the company's goals and objectives. This fosters a building of trust and loyalty towards the company. Improved communication channels lead to conflict reduction, reduced staff turnover rates, and absenteeism levels. This reduces unnecessary costs associated with re-hiring and re-training new employees. It allows misunderstood situations to be clarified and put in place quick solutions to rectify the issue effectively. Companies that nurture employee relations enhance an employees motivation to be creative. This encourages a culture of innovative thinkers and cultivates a teamwork type ambiance. read less