Strategies To Improve Employee Retention

STRATEGIES TO IMPROVE EMPLOYEE RETENTION What is the point of hiring the best person for the job if you can't keep them to make a difference? Learn how you can retain talent in your organization. Consider the Obvious Fix it the old school way by offering better salary or benefits package. Start at the Interview Getting the right person for the right job lowers dissatisfaction and boosts retention. Provide Performance Feedback Good performance feedback quantifies things for employees which leads to clarity in action. Encourage Work/Life Balance Treat people's time with respect and don't encroach on their personal space. Make a Name for Yourself Employees are likely to be loyal to managers who are knowledgeable and generous. Help Subordinates Grow Empower employees to let them move up the career ladder. Make an Effort to be Friendly Employees will share their honest opinions if they are on friendly terms with you. Be a Deft Hand at Management Research shows that 80% of employee turnover is caused by ineffective or hostile management. Institutionalize Employee Retention Strategies employed to retain employees should be used from a grass root level. TO READ THE FULL ARTCICLE GO TO : http://blog.taskworld.com/strategies-to-improve-employee-retention/ VTaskworld™ FOR MORE TASKWORLD INFOGRAPHICS GO TO : http://blog.taskworld.com/category/infographics/