Hiring and Retaining Employees

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Hiring and Retaining Employees

Benefits of Retaining 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 crucial feat, not just for operational efficiency, but also for unlocking the benefits of retaining employees like increased productivity, lower turnover costs, and a stronger company culture. Analyzing processes is…
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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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Hiring and Retaining Employees

How to Hire Better People for Your Business

Hiring practices have changed significantly over the past several decades. Businesses have never hired quite as much as they are currently, and the cost of adding those people (or attempting to do so) has never been higher. Unfortunately, though, much of that money spent on hiring is completely wasted, as many new hires leave those same jobs within a…
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Hiring and Retaining Employees

How to Hire a Manager for Your Business

A 2015 Gallup poll found that one in two employees had left a job to get away from a manager at some point in their career. You cannot afford to have poor team members as part of your leadership structure. After all, the individuals who represent your leadership team are essentially the face of your company both to your…
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