Most successful small businesses have a key factor in common â€“ great staff. Hiring and retaining awesome employees is critical to the success of a business. And there are some simple ways an employer can ensure they keep great staff on board.
Communication is one of the most fundamental things to get right. Itâ€™s important for an employer to take the time to find out how theyâ€™re doing, if thereâ€™s anything they need help with, follow up with any issues and most importantly, to make them feel valued. Getting their feedback is essential, as theyâ€™ll know their opinion is valued and that theyâ€™re being listened to.
Itâ€™s also important to keep tabs on their professional development. Employees are more likely to stay with a company if they feel theyâ€™re getting valuable training and growth opportunities. Making sure they have the tools they need to do their job well is also essential.
Optimize incentives so that theyâ€™re tailored to an employeeâ€™s specific desires, and offer rewards that arenâ€™t necessarily bonuses. They could be as simple as a movie voucher or an invitation to an industry event. Itâ€™s all about making sure they know their value to the business.
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