G3 Ararat Prep4Work Session 17 Cluster 2 - Rewards of Stability Tenure OK Defined as “length of time in a role or organisation.” Research indicates tenure is a valuable metric of workforce stability that can help companies maintain steady performance in a world of accelerating change. OK Personal Currency OK When you think about currency, most people think about money. ... It's called Personal Currency. Even though money can buy most things in life, personal currency is king. Personal currency is your personal, valuable banknotes, in the form of time. OK Relationship Stability OK Building strong relationships is critical to performance of jobs where trust and mutual understanding between employees, customers or partners is necessary to achieve company goals. Time spent with others is a key factor in driving trust. As employees gain tenure they have time to build stronger relationships. Even small differences in relationship tenure can have big impacts. OK Organisational Wisdom OK Wisdom can be defined as judgment and insight gained from experience. A recent study found no association between length of service and job productivity. But employees with higher tenure provided more valuable guidance and advice to the organization overall: “compared to employees with two years of tenure, employees with 15 years of tenure are 20% more likely to serve as a critical resource to others and 21% more likely to contribute new ideas for products or services.” OK OK Question Title * 1. The longer you work in a workplace OK Question Title * 2. I can make the most of my time at work by OK Question Title * 3. The benefit of having good relationships with your co-workers is OK Question Title * 4. Student Details Name * Email Address Phone Number OK DONE