Hiring and Retaining Employees

Our Coaches pride themselves in being completely knowledgeable in regards to bringing you the latest and greatest in business growth options. We also take great pride in providing you with updates, news of interest, and tips to help you continue taking the wheel of your business and its success.

From handling workplace situations and team building to marketing and social media, you can find the answers you’re looking for to better your business and increase your knowledge base. We are always keeping an eye out for news, tools, and resources, so be sure to check-in frequently.

Hiring and Retaining Employees

How to Retain Young Employees

Retaining high performers is likely one of your biggest goals – and concurrently one of your biggest challenges – as a business owner. With many boomers retiring in the wake of the COVID-19 pandemic, which hit the United States in 2020, millennials are being promoted into positions of power and are filling jobs formerly occupied by the generation known…
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Hiring and Retaining Employees

4 Elements of Employee Retention

How much does employee turnover cost US organizations? The short answer: a lot. It’s estimated that it costs about 1.5 to 2 times the employee’s salary to replace them. Let’s say you are heading a 100-person company with an average pay of $50,000 with an average rate of attrition. You could be looking at $600,000 - $2.6 million in…
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Hiring and Retaining Employees

Attracting and Retaining Talented Employees

As a business owner, you know it is essential to staff your business with the best and brightest. We all know that attracting and retaining talented employees is a feat that requires organizations to work strategically and evaluate their processes on a continual basis. But just analyzing how we do things will not always be enough.   Attracting and Retaining Talented…
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Hiring and Retaining Employees

What are the Job Interview Process Stages?

Attracting and retaining talent is one of your most critical tasks as a business leader. Arguably, it is the most important. Your employees are the faces of your company; they interact with your customers, with the public. They complete the necessary day-to-day tasks that keep the company running, and they also provide the promise of a successful tomorrow. As…
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Hiring and Retaining Employees

How to Retain Employees Without Money

You have heard it before… time and time again. The only way you can keep workers is to pay them more. Money talks. So the questions revolve around how to retain employees without money. Money doesn't have the most compelling voice. When it comes to elements of an employee retention plan, it's important to think beyond dollar signs.  How to…
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Hiring and Retaining Employees

Disadvantages of High Employee Turnover

Constant turnover at work is more than a nuisance or an inconvenience. It is a one trillion dollar per year problem in the United States. The cost of replacing an employee can be as high as 1.5 to 2 times their salary when you include resources spent advertising the position, screening applicants, interviewing candidates, conducting background checks, and onboarding…
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Hiring and Retaining Employees

Creating an Employee Retention Plan

Let's talk about how to build an employee retention plan. When you think of your company’s most valuable assets, what comes to mind? When you consider what makes your business successful, do you mentally review a spreadsheet of property holdings, intellectual property, equipment, technology? Or do you think of people? If so, you’re on the right track. Your employees…
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Hiring and Retaining Employees

Challenges in Attracting and Retaining Employees

Your people are the biggest asset you have when it comes to running a viable business today and positioning it for success going forward. They are the ones who make day-to-day magic; who serve customers; who act as the face of your company; who make the contributions that make a bottom-line difference. Challenges in attracting and retaining employees can…
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Hiring and Retaining Employees

5 Benefits of Employee Retention

Team cohesion. Workplace environment. Time. Money. The benefits of employee retention are many and varied. Not only does it have a significant impact on the very culture and atmosphere of a company (it’s hard to love your job when you never know who’s going to be sitting across from you month to month), it has a very real effect…
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Hiring and Retaining Employees

The Importance of Hiring the Right Staff

You want the right people on your team. Every hiring manager will tell you the same thing. After all, making a bad choice here can mean serious costs for you. Unfortunately, those costs aren’t just financial. Instead, they can reach far deeper than that. Wondering what the importance of hiring the right staff might be? Take a closer look.  …
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