Retaining Top Talent
I- How to Keep Best People from Quitting
If you are like most managers, when someone on
your team leaves it creates a void and can be disruptive to your business. There
are many components to being a good manager, one of the most important is
deliberately creating an environment designed to retain your best people. Here
are some things to keep in mind:
Establish performance objectives for each
person that reports to you and let them know how well they are meeting them.
Understand that the best talent is worth
investing in and make sure the salaries you pay are above the 75th percentile
for your industry.
Make sure your employees feel challenged by
their work and communicate openly with them about how they can keep growing in
their current jobs.
Allow people to do their work in their own
style, as long as the final goal is effectively and efficiently reached.
Regularly asked people for their opinion
about how to handle business challenges.
Have fun activities and celebrations at work
to mark special occations and try to create an environment where people can
laugh in the office.
Invest the time to get to know people on
your team and learn a little about their family and personal lives.
Share bussiness news with your team so they see the connection between the work they are doing and results the company is getting.
The strategies above are considered by
management experts to be among the most important and effective in making sure
your best people are content in their jobs and stay on your team.