Strategies For Reducing Employee Turnover
Are you a small business owner or are you charged with running a large department or division of your company? You know all too well that your business only functions as well as your employees perform. Employees only perform to their highest ability when they are treated well and are motivated. How do you strike the balance of reaching production, revenue, production and profitability while retaining your best workers and reducing the cost of employee turnover? Follow these recommendations from the professional business gurus to stop the exodus of prime employees from your organization.
The first step is to conduct exit interviews with employees that have elected to leave the organization or department. You’ll gain tremendous insight into working conditions and your own company culture. If there is a tremendous outflow, you’ll no doubt begin to see a trend. Interviewing, onboarding and training employees is a tremendous expense and a …
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