99 Wuxian (ASX:NNW) has pre-launched its employee loyalty management platform iBenefit, which has been complemented by the addition of two new high quality online retailers to its diverse merchant base.
Employee retention is a major concern for employers in China.
With over 40% of staff changing jobs as often as every one to two years, employee turnover can significantly impact business productivity.
iBenefit was developed for companies to manage their employee benefit, incentive and loyalty programs. It was designed to incentivise performance and increase employee retention.