Mon, 10 Jan 2011
Holding on to staff can be difficult for businesses, particularly in a
tough economic climate when salary freezes become the norm and work
'jollies' are a distant memory.
However, staff retention is important when building a strong, competitive,
productive company and there are several things a business owner can do to
help hold on to quality employees.
Two of the most common reasons for staff leaving a company is poor
management and a lack of training and development opportunities. This is
according to exit interviews, which are often used by firms to establish
why staff are leaving.
If businesses find that several staff have left for the above reasons, more
research can be done by the HR department to establish where the problems
lie. This can take the form of confidential attitude surveys for existing
staff, data analysis, or questionnaires for former employees.
If a lack of training and development is a key reason for people leaving, a
company may find it is worth investing in training for employees in the
form of workplace training courses or e-learning opportunities. E-learning
is often less costly and most staff will be willing to take part in courses
that they can complete from home.
If poor management is found to be the main reason for high staff turnover,
management training courses for higher level staff are essential.
learnirect business courses can improve managers’
performances and can result in better staff retention levels among
management and their direct reports as a result.
Based on research of a thousand businesses, see how
nurturing talent amongst your workforce will help
you through the current economic climate.
Thanks for your help,
The learndirect team