How to Reduce Employee Turnover
Pay more (or offer a path to a raise).. Offer potential for advancement.. Rebalance the work load.
Steps
1
Pay more (or offer a path to a raise).
Pay more (or offer a path to a raise).
2
Offer potential for advancement.
Offer potential for advancement.
3
Rebalance the work load.
Rebalance the work load.
4
Offer competitive benefits.
Offer competitive benefits.
5
Encourage friendly employee relationships.
Encourage friendly employee relationships.
6
Trust your employees with responsibility.
Trust your employees with responsibility.
7
Hire more selectively.
Hire more selectively.
8
Conduct regular employee reviews.
Conduct regular employee reviews.
9
Conduct exit interviews.
Conduct exit interviews.
10
Regularly review and assess employee concerns.
Regularly review and assess employee concerns.
11
Retrain managers with high turnover.
Retrain managers with high turnover.
12
Consider alternate roles for unhappy employees.
Consider alternate roles for unhappy employees.
13
Avoid constant reorganization.
Avoid constant reorganization.
14
Don't be afraid to fire bad employees.
Don't be afraid to fire bad employees.
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