by Strategic HR Partners

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by Strategic HR Partners

Employee Retention

Hiring employees is just a start to creating a strong work force. Next, you have to keep them. High employee turnover costs business owners in time and productivity. Try these tactics to retain your employees:

  • Offer a competitive benefits package that fits your employees’ needs
  • Provide some small perks
  • Use contests and incentives to help keep workers motivated and feeling rewarded
  • Promote from within whenever possible
  • Foster employee development
  • Create open communication between employees and management
  • Communicate your business’s mission
  • Make sure employees know what you expect of them

These tips will help retain the best employees and cut unnecessary turnover costs that can plague an organization.

For more information, visit: http://guides.wsj.com/small-business/hiring-and-managing-employees/how-to-retain-employees/

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