How to retain your top performers
- Avoid the sting of recruitment by improving retention
Apologies, "Dave" isn't leaving. But maybe he's planning to. Every business has an employee (or several) like Dave, the golden employee. Management love him, peers are inspired by him.
If your "Dave" one day decides to leave, what will the cost be to the business?
There's many reasons that employees fly the nest. Maybe they’ve found another job with better pay. Maybe they want to change careers. Maybe there are personal reasons involved. This could be the case, but recent research from HR leaders point to one main factor that stands above the rest. So, what's the ultimate cause of employees heading for the door?
Employee retention is a pivotal key to your business’ success. Now, you may be asking, “Why do we need to focus so much effort on employee retention?” When you’ve got to dedicate a lot of your time to keeping the company afloat, why do you need to devote time to making sure people are enjoying their work?