How to Retain Your Best Employees

Turnover is a vicious cycle. Its costs extend far beyond the monetary due to the damage in morale that can occur when the key employees in a business are constantly forced to play catch up as they struggle to fill the same positions over and over and train the new employees. This results in stress that forces those key employees, themselves, to look for other employment options. This, in turn, starts the whole cycle over again. For that reason, retaining key employees is an absolutely vital step in maintaining a consistent and productive workforce. But what can an operation do to reduce the amount of turnover within a business, especially when the hours are long, the work is hard, and the labor market is tight?