What strategy can Fresh Munchables' management team use to improve employee retention and satisfaction?

The most effective strategy for improving employee retention and satisfaction is conducting a survey to ask employees what benefits they want. This approach is beneficial because it actively engages employees in the process and demonstrates that management values their input and considers their needs a priority. By directly soliciting feedback, the organization can tailor its offerings to better align with employee preferences, thereby increasing their sense of belonging and satisfaction.

Additionally, this method allows for data collection on a broader scale, enabling management to identify trends and specific areas for improvement across the workforce. When employees feel that their voices are heard and their needs are addressed, they are more likely to remain committed to the organization, leading to higher retention rates.

In contrast, conducting interviews might limit the feedback to only a few selected individuals, raising wages and benefits again may not address deeper issues of workplace culture or job satisfaction, and implementing a competition for opinions could create a divisive atmosphere rather than foster collaboration and constructive dialogue.