How to Hold On to Your Best Employees

The rules of employee retention have changed. Smart business owners realize that loyalty can no longer be bought with big salaries, hefty bonuses, and rich benefit packages alone. Today it's job satisfaction that drives retention. It takes a combination of intangible, non-monetary rewards to create an atmosphere in which quality employees feel valued, respected, and satisfied with their jobs. Creating that optimal combination requires a new way of thinking and an openness to different ideas about managing your staff. What you can do. Here are some practical suggestions for enhancing employee growth, opportunity, and job satisfaction. · Give a real review. The concept of the annual performance review seems to have become distorted in recent years. For many employees, the apt review question is no longer “How am I doing?” Instead, it has become “How much am I getting?” For m

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