Good, well-trained employees aren’t exactly easy to come by these days. At a recent business forum I attended, the speaker, who was an owner of a chain of local grocery stores in the Seattle area, commented that the skills they hired for in the past — i.e. experience with grocery stores or in food service –are no longer readily available.
Because the unemployment rate is currently so low, the grocery stores just aren’t getting the number of experienced applicants they once were. Consequently, they’ve had to hire some employees who needed significant training. Since they are putting so many resources into each individual employee’s training and development, they hope these employees will stay with the company for a long time.
As an employer or business owner, you want to be able to keep your turnover costs low and retain your good people. In order to keep them, you know you need to make them happy. But how do you hire and retain good employees? What makes an employee want to stay with a company? What makes employees happy?
The great news is that there are things you can do within your organization that will make it more likely that you will be able to retain your top talent.
Cortney Stehlik-Freeman works with leaders to break through the profit ceiling by turning human resources from a cost center to a profit center.