Finding skilled and motivated employees has always been difficult, but keeping them happy and fulfilled so that they stay on long enough to make the time spent recruiting and training them worth your while is often the most challenging part.
A recent study carried out by the University of Wisconsin shows that replacing an employee who earns $9.50 an hour could cost you as much as $2,200 in recruitment and training.
While it is true that most employees do not stay with the same company for the duration of their careers, there are some things you can do to reduce employee turnover and keep your business running smoothly. Here are a few tips on how to do just that:
Be selective when hiring
It would be better to leave a position open for a bit longer than hire an employee who isn’t a good fit for the job. Along with being qualified to do the job, the right employee should also fit in well with their coworkers, managers and the company culture.
A person’s attitude is...