HOW DO I RETAIN MY GOOD HANDS?

by Herbert

I run a small business and normally train my staff well but i have noticed that i always loose my good hands to bigger companies. This happens after these staff have worked for me got good skills and the big companies will offer them bigger pay and I cannot compete with these big organisations in terms of pay. What do i do, how do i retain my good hands, do i stop training them?

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Retaining Your Workers NEW
by: Jetcom

Dear Herbert,

I understand how you feel. It like you sharpen the knife for others to use in their own farm. Not training your workers however is not an option. Well trained and motivated work force is very important for your business to grow.

You dont need to be the highest paying company to retain staff. Below are some tips;

1. Give your workers a sense of belonging, make them feel truely as being part of the organisation. Share your dreams for the company with them and let them know they have a part in it.

2. Give them options of being part owners in the company even if its a small percentage of the shares.

3. Give your workers opportunity to grow, fill management positions internally where possible.

4. Offer other incentives/benefits other than salary like housing, cars, vacation with family etc.

5. Know your key staff beyond the office.

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