by: Ross, Judith A.
Source: Harvard Business School
In boom times and slow times alike, you need to keep your best people. This article spells out five proven practices to help you keep your most talented employees: (1) Provide paths to advancement by keeping employees informed about your company's direction and projected talent needs; (2) Continually enrich employees' experience by giving them ownership of their work and the freedom to take risks; (3) Express appreciation; (4) Counteract stress by creating a culture that promotes work/life balance; and (5) Foster employee trust in your company's leadership by ensuring that executives convey a clear vision and a belief in employees' ability to make it real.
Link: Five Ways to Boost Retention
Publication Date: 2008-04-01