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Paying Employees Exceedingly Well

A short-term fix for making employees stay is to pay the employees well. This is not a long-term strategy, as having people in a company for purely financial reasons wouldn't be a good idea. But if employees aren't paid well, great performers will find it hard to stay.

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Providing interesting or a variety of projects keeps talented employees on board.

Innovative projects eventually reduce the need for old software/old processes that are normally active for decades as no one is capable or interested in providing a more efficient way to work.

  • Respecting employees, and recognizing their good work goes a long way in retaining them.
  • Employees that are rewarded, respected and recognized develop job satisfaction in their organization.
  • Subtle things including a kind action or an appreciation also form a positive mindset...

  • Providing a clear career path with regular opportunities to grow and develop, makes the employees commit themselves more to the organization.
  • Organizations that are constantly hiring talent from outside (as opposed to developing internal talent) are leaving doors open for existing em...

Employees often keep working in organizations that they are unhappy with. Reasons include financial pressure, like student loans or a mortgage.

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Facing severe talent shortages

Employees are in great demand in almost every industry. As a result, some suggest using nontraditional talent pools such as older workers or military veterans. However, most often, the best talent pool may be the surplus talent hiding in plain sight.

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Setting employee expectations

A recent study reveals that almost half of all U.S. employees are unsure of what's expected of them.

Setting clear employee expectations can benefit your business. Management must communicate their expectations verbally and in writing. This can reduce or eliminate confusion and increase...

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Disengaged Employees

Engagement at work is a sign of employee motivation and resulting productivity. Unfortunately, only about 13% of people globally are engaged at work, and disengaged employees cost the economy $500 billion per year. Work engagement has a direct correlation with performance.

There is ...

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