High employee turnover costs business owners in time and productivity. Try these twelve commons employees retention practices:
1. Communicate your business’s mission
2. Let your employees know your quarterly, annually goals.
3. Foster employee development.
4. Help your employees set and meet their personal goals.
5. Offer financial rewards.
6. Make sure employees know what you expect of them and how they can grow within your company.
7. Offer a competitive benefits package that fits your employees’ needs.
8. Provide some perks (eg. the desire to work in a comfortable, casual environment where employees can set their own work schedule, have an option to telecommute, and where there is a casual dress code.)
9. Use contests and incentives to help keep workers motivated and feeling rewarded.
10. Conduct “stay” interviews. And use that information to strengthen your employee-retention strategies.
11. Promote from within whenever possible.
12. Create open communication between employees and management.
Click the link below to get another 10 more ways to retain your great employees.
http://humanresources.about.com/od/retention/a/more_retention.htm
