You Need to Retain Your Best Staff!
Or your competitors might ...
Demographic studies point to looming labour shortages of unprecedented magnitude.
Will you be caught?
Will you be one of those doomed to be grateful for just about any employee they can find? What will it do to your business if you can't retain good staff?
Or will you be amongst the leaders who takes action now to ensure you can retain the very best staff even while others struggle.
Some studies estimate that by the year 2010 there could be as many as 10 million more jobs than there are employees in the USA! Similar figures are projected for Australia and other developed countries.
Leading employers are already devoting time and resources to developing the kind of culture that builds loyalty. Are you? The way you lead, manage and motivate your staff will determine your success in and increasingly tight future labour market.
In order to retain good staff you need to:
- develop the leadership and management skills of your key people
- create a work environment that fosters deep engagement
- recognize and reward loyalty as well as achievement
- communicate your appreciation of your best performers in a meaningful way
- encourage loyalty and commitment over the long term
- develop different retention strategies for different types of employees
- offer employees flexibility and support as well as benefits and incentives
- encourage personal growth and career development through coaching, professional development programs, skills training and other means.
You can't do it all on your own. The best way to do all this is to ensure you support all your management team to become better, more skilled leaders so they can share in the task of retaining good staff for you.
Illustrating just how central this is are recent studies that show staff don't leave companies or jobs - they leave managers! One poor manager could cost you your best employee!
We can help. Contact us for details of how you can retain - and even attract - good staff, regardless of the problems others are facing.
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Please contact us for further details of how you can retain good staff.
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