If I'm a business- Why should we keep meeting?

The Value of Meetings

Why Have Meetings?

Meetings that are well executed and designed to meet specific goals greatly contribute to company profits. According to the U.S. Travel Association and the Keep America Meeting initiative, there are a lot of benefits to holding an event. These benefits include:

1. Development of engaged employees

Studies have shown that companies with engaged employees are more profitable.

1. Improved company culture, which is especially important in rough times

When employees know the triumphs and challenges their company is facing, they are able to focus and have a greater commitment to stay because they’re being ENGAGED.

1. More satisfied employees

A happy employee is an employee that stays, to emphasize the 2nd point, it is important to keep your employees engaged and meetings can help. Meetings can include seminars, round tables, chat & chews, educational sessions and in allows innovation and conversation among the employees.

1. Increased Employee Retention

Higher retention rates are directly linked to increased profits. A 5 percent increase in employee retention can generate a 25 to 85 percent increase in profitability.

1. Compensation more cost-effective than bonuses

When budgets are tight, meetings touch many employees and improve their job satisfaction can increase company profitability more cost-effectively than raises and bonuses, because companies with satisfied employees are more profitable.

Sharing is caring, what are your thoughts?

Why do you think it’s important for organizations to continue to meet?

©2014 by Tillman Davis Enterprises. All Rights Reserved. Garrysa Caffey, MBA | Event Planner, Speaker and Author for Nov8ive Events & Designs. Learn the trade secrets that event planners use to create successful events. Join us today and get our free eBook “The 7 Costly  $ins that Can Ruin Any Event”. Click the Connect With Us page and fill out the form.