telling It seems that every week a new article is published you why you should care 
to about employee retention. If you run a small business with a human resources department even smaller when would you have time to create an employee retention program
There is good news for entrepreneurs with growing businesses he should not be rocket science. Here are some simple things you can do to provide a meaningful experience for your employees -. And why you can not afford not to think about your employee retention strategy
Hire good managers
When hiring managers, it is common to find someone who will fit the culture. However, Forbes recommends hiring someone with a skill set aligns with the work is the best route. The thought process here is that a person with the appropriate skill sets is better equipped to succeed in their role and motivate direct reports to do the same
The choice of a candidate who may seem personality- be a good fit. wise could backfire if they do not have the necessary experience to lead a group of people or vision to develop strategies for the future. People who fall under the new manager can become irritated, resulting in lower productivity, gossip, and ultimately sales.
Provide Career Navigator growth strategy and
Experts suggest hiring people who plan their career with the company, rather than just filling roles. During interviews, ask candidates what their goals are, what motivates them, and then assess whether these answers coincide with what your company can provide for them. Once you have hired the person you feel will be the best fit, make sure you sit down with them and define a personalized path to success
It is that simple :. People like to invest in companies that have invested in them. Remember to have check-ins to touch base with your employees as time goes on. This practice will build long-term loyalty to your business, increasing your employee retention naturally. As a bonus, you may notice your employees become more productive.
staff recognition
The staff recognition and appreciation seems to be one of the most overlooked, but the cheapest elements of employee retention strategy. HR managers are generally much more concerned about sensitive issues in time for the recognition of good performers. However, after years of being neglected, even the best people will start to feel under-appreciated.
It is important to remember that motivation is not a one-size-fits system. While monetary rewards will be the catalyst for a person, it could be investment shares, a gift card, or extra vacation time for another. Be flexible in your system of rewards and be willing to negotiate if the employee earning want to change the price just a little. That does not mean they are not grateful. - They are just trying to tell you what works for them
employee retention Importance
A popular argument to push employee retention strategy to burner-back is that the cost of the loss of an employee's hard to monetize. Yet it does not take much to realize the impact of turnover can have on your business. Poor morale, lower productivity, more frequent errors, and disengagement are all issues that can cost your company dear, but do not have a price tag.
Conclusion
An employee retention strategy is often overlooked in small businesses that are otherwise out of resources. time in these areas do not invest can have a drastic and costly effect on your business. As JW Marriott said, "If you take care of your people, your people will take care of your customers and your business will take care of itself."
What are you doing to improve your retention the strategy employed? Let us know in the comments below!
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