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At any given time, you can look at your staff and be correct in guessing that nearly half of them have their eyes set on the next move career-wise. They might be interested in a promotion within your organization, but they’re also not going to pass up a great opportunity from another employer if one happens to come along.

Attrition is a fact of life in business; however, the process of hiring and onboarding new employees is a significant investment for most. It only makes sense that when you’ve hired a great employee you want to hold onto them as long as possible. The challenge is knowing what to provide that will make them want to stay.

When you’ve got top-performing team members you want to retain, these strategies will help keep them invested in your business.

Have a Process for Recognizing and Rewarding Performance

People want to be acknowledged and rewarded for a job well done, and if you’re not doing it, they’re more likely to consider a new opportunity with another employer. Praise and employee recognition programs are great, but you also need to put your money where your mouth is. Offer those top performers promotions or at least engage in regular discussions about their career path within the company.

Compensate Them Appropriately

Your team members might enjoy working for your company, but at the end of the day, it’s making a living that’s really on their mind. If another offer comes up on the table that offers even a small amount more in terms of compensation, it may be too tempting to resist.

If you notice that an employee is exceeding your expectations, don’t wait for their annual review to compensate them for their efforts. A raise or being offered a benefits package makes your company more attractive in their eyes.

Let Them Do Their Thing

Nobody likes to be micromanaged – especially employees who have proved they don’t need someone looking over their shoulder. On this note, giving your team members a little breathing room for innovation or to express their creativity will show they’re a trusted and respected part of the team.

Focus On Communication

Communication is key for any business, and creating an environment that fosters and encourages strong communication skills should be one of your top priorities. Your best employees will be more likely to stay around if they feel they’re input is welcomed, appreciated and valued.

Get Top Skilled Workers Through Your Door With Top Notch Personnel!

Retaining top employees is only part of the challenge – you also have to get them to apply. This is where we come in and help with our professional staffing solutions. We help businesses just like yours connect with the top skilled workers in the area. Contact us at Top Notch Personnel and start building a staff of superstars today.

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