I think one of the best things employers can do to show that they respect their employees is to invert the decision making and control structure in the organization. Similarly to what Agile/XP did for the software development sector. Instead of having managers and CxOs make all the decisions, allow the people closest to the situation, with all the facts, make the decision and be responsible for that decision. Create small teams that are self organizing and imbue those teams with the power to truly own and produce the solution to the problems that they face and are trying to solve.

I personally feel that the main problem with organizations and employee happiness and retention is the current system of command and control where all employees are assumed to be idiots that need to be micro-managed. How is anyone suppose to be happy in that kind of environment? Work should not be an extension of school where we store and manage people in order to keep them out of trouble until they are old enough to retire. No, work should be a place where people want to go because they know that they own a little bit of that business and are really responsible for its success and/or failure.