Make staff retention a solution, not a problem
Staff retention can be a problem for companies of any size, but is particularly an issue for startups and SME’s. As mentioned in a previous blog, startups are likely to dismiss basic HR principles due to a lack of resources and/or time.
Every time that a company recruits it costs money. Costs are accumulated from advertising the open role, interview times, as well as the on-boarding and training processes once a successful applicant has joined the company. To help combat this, Entrepreneur.com has put together a list called 9 Things That Make Good People Quit.
The list includes; overworking; a lack of recognition; lack of development; and a failure to engage employee’s creativity. With each point given Entrepreneur.com tells you how to combat poor staff retention and keep expertise and knowledge within the company.
To see the article in full click here.